Table 2-6 Table 2-6 Shows the Output Per Week of Week

question 23

Multiple Choice

Table 2-6
Table 2-6 shows the output per week of two people,James and Lucy.They can either devote their time to making wagons or making tricycles.
-Refer to Table 2-6.What is James's opportunity cost of making a tricycle?

• A)2 tricycles
• B)1/2 of a wagon
• C)1/2 of a tricycle
• D)3/4 of a wagon

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Oil

A viscous liquid derived from petroleum, mainly used for fuel, heating, and lubrication.

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Products or services imported into a country from overseas for the purpose of selling.

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The funds expected, demanded, or provided in exchange for a particular good or service.

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