The companies that produce either copper or corn tell you that it takes 10 hours to mine
Fantastic news! We've Found the answer you've been seeking!
Question:
The companies that produce either copper or corn tell you that it takes 10 hours to mine a ton of copper and 20 hours to harvest a bushel of corn. This means the opportunity cost of producing a ton of copper is:
Select one:
a. 4 bushels of corn
b. 10 bushels of corn
c. 30 bushels of corn
d. 2 bushels of corn
Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
Posted Date: