Table 3-1 -Refer to Table 3-1. What Is the Opportunity Cost of the Opportunity

question 151

Multiple Choice

Table 3-1

-Refer to Table 3-1. What is the opportunity cost of 1 pound of meat for the Farmer?

• A)1/4 hour of labour.
• B)4 hours of labour.
• C)4 kg of potatoes.
• D)1/4 kg of potatoes.

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