Question: In the following examples, choose the correct answer using the dropdown menus: a . Doug works in a woodworking shop and has a choice between
In the following examples, choose the correct answer using the dropdown menus:
a Doug works in a woodworking shop and has a choice between to activities: He can sand one rocking chair per hour or he can inspect two boards per hour. What is the opportunity cost of sanding one rocking chair?: inspecting two boards per hour, sanding one rocking chair per hour, sanding two rocking chairs per hour, inspecting board per hour.
b Sheila works the front desk in one of the buildings on campus. Every hour during her shift she has a choice between two activities: organizing files per hour or deleting emails per hour. What is the opportunity cost of organizing files? deleting emails per hour, delating two emails per hour, organizing files per hour, deleting emails per hour
c Griselda is a creative writer and has a choice between writing one more novel this year or five more short stories this year. What is the opportunity cost of writing just half a novel, in terms of short stories? writing short stories per year writing novel per year, wiring short stories per year, writing novels per year
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