Suppose an economy produces hats and shirts subject to the following production possibilities frontier: The opportunity cost of a hat is _____.
a) is 0.80 shirts
b) is 1.25 shirts
c) is 20 shirts
d) 25 shirts

Question

07-06-2024
Business

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Suppose an economy produces hats and shirts subject to the following production possibilities frontier: The opportunity cost of a hat is _____.
a) is 0.80 shirts
b) is 1.25 shirts
c) is 20 shirts
d) 25 shirts

Sagot :

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