Use the Following Scenario to Answer the Next Four Questions

question 114

Multiple Choice

Use the following scenario to answer the next four questions:
Esther and Albert produce hamburgers and hot dogs. Esther can produce six hamburgers per hour or four hot dogs per hour. Albert can produce three hamburgers per hour or one hot dog per hour.
-Based on the scenario,Albert's opportunity cost of one hot dog is:

• A) 3 hamburgers.
• B) 1 1/2 hamburgers.
• C) 6 hamburgers.
• D) 4 hamburgers.
• E) 8 hamburgers.

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