Use the Following Scenario to Answer the Next Questions

question 163

Multiple Choice

Use the following scenario to answer the next questions:
Natasha can produce either 5,000 pounds of cheese or 20 houses per year. Jameson can produce either 5,000 pounds of cheese or 10 houses per year.
-Jameson's opportunity cost of producing one house is ________ pound(s) of cheese.

• A) 1/250 of a
• B) 1/20 of a
• C) 20
• D) 250
• E) 500

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Definitions:

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