Use the Following Scenario to Answer the Next Eight Questions

question 23

Multiple Choice

Use the following scenario to answer the next eight questions:
Karl and Pete produce cars and trucks. Karl can produce 10 cars per hour or 5 trucks per hour. Pete can produce 12 cars per hour or 4 trucks per hour.
-Based on the scenario,Pete's opportunity cost of one car is:

• A) 2/3 truck.
• B) 1/3 truck.
• C) 3/4 truck.
• D) 4 trucks.
• E) 3 trucks.