In the Above Figure, What Is the Opportunity Cost of One

question 295

Multiple Choice

In the above figure, what is the opportunity cost of one bushel of soybeans?

• A) 1 bushel of corn
• B) 0.5 bushels of corn
• C) 2 bushels of corn
• D) unable to determine

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Definitions:

Chemist

A scientist who studies the composition, properties, and reactions of substances to create new compounds or products.

Veterinarian

A medical professional who practices veterinary medicine, diagnosing and treating diseases, disorders, and injuries in animals.

Doses

The measured quantity of a medicine or drug to be taken at one time or at certain intervals.

Kilometers

A unit of length in the metric system equal to 1,000 meters, often used to measure distances between geographical locations.