The following table shows the units of output a worker can produce per month in Germany...

Transcribed Image Text:

The following table shows the units of output a worker can produce per month in Germany and South Korea. Use this table to answer the following question. Steel (tons) Germany South Korea 20 8 PC (Personal Computer) The opportunity cost of one ton of steel in Germany is one-quarter of a PC. two PCs. four PCs. one-half of a PC. The opportunity cost of one ton of steel in South Korea two PCs. one-half of a PC. one-quarter of a PC. four PCs. The following table shows the units of output a worker can produce per month in Germany and South Korea. Use this table to answer the following question. Steel (tons) Germany South Korea 20 8 PC (Personal Computer) The opportunity cost of one ton of steel in Germany is one-quarter of a PC. two PCs. four PCs. one-half of a PC. The opportunity cost of one ton of steel in South Korea two PCs. one-half of a PC. one-quarter of a PC. four PCs. The following table shows the units of output a worker can produce per month in Germany and South Korea. Use this table to answer the following question. Steel (tons) Germany South Korea 20 8 PC (Personal Computer) The opportunity cost of one ton of steel in Germany is one-quarter of a PC. two PCs. four PCs. one-half of a PC. The opportunity cost of one ton of steel in South Korea two PCs. one-half of a PC. one-quarter of a PC. four PCs.

Answer rating: 100% (QA)

The opportunity cost of producing something is what you give up to produce it This can be calculated ... View the full answer