Motherland's production in 1 day Fatherland's production in 1 day apples 12 apples 38 oranges 42 oranges
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Question:
Motherland's production in 1 day | Fatherland's production in 1 day | ||
apples | 12 | apples | 38 |
oranges | 42 | oranges | 23 |
Two nations can produce apples and oranges in the amounts given in the table above.
What is the opportunity cost of producing one more apple in Motherland? Round to two decimal places.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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