In the Table Above, Jack's Opportunity Cost for 1 Kilogram

question 61

Multiple Choice

In the table above, Jack's opportunity cost for 1 kilogram of food is ________ and his opportunity cost for 1 kilogram of clothing is ________.

• A) 1 kilogram of clothing; 4 kilograms of food
• B) 1/2 of a kilogram of clothing; 2 kilograms of food
• C) 1/3 of a kilogram of clothing; 3 kilograms of food
• D) 1 kilogram of food; 1 kilogram of clothing
• E) 2 kilograms of clothing; 2 kilograms of food

---

Definitions:

Living Standards

The degree of riches, convenience, possessions, and basic needs accessible to a particular social economic group or location.

Real GDP Per Person

An economic metric that divides a country's real gross domestic product by its total population, reflecting the average economic output per person, adjusted for price changes.

Sub-Saharan Africa

A geographic area of the African continent that is situated south of the Sahara Desert, characterized by diverse cultures, languages, and ecosystems.

Real GDP Per Person

Real GDP Per Person is a measure of the economic output of a country divided by its population, adjusted for inflation; it’s often used as an indicator of the average standard of living.