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Table 2-16 Table 2-16 Shows the Number of Labor Hours

question 34

Multiple Choice

Table 2-16
Table 2-16 Table 2-16 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland. -Refer to Table 2-16. What is Finland's opportunity cost of producing one cell phone? A) 0.25 board feet of lumber B) 4 board feet of lumber C) 12 board feet of lumber D) 16 board feet of lumber Table 2-16 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
-Refer to Table 2-16. What is Finland's opportunity cost of producing one cell phone?

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