Table 2-12 Table 2-12 Shows the Number of Labor Hours

question 321

Multiple Choice

Table 2-12
Table 2-12 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-12. What is Guatemala's opportunity cost of producing one canoe?

• A) 1/6 of a sailboat
• B) 2/3 of a sailboat
• C) 6 sailboats
• D) 7.5 sailboats

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