Ken and Traci are two woodworkers who both make tables and chairs. In one month, Ken can make 3 tables or 18 chairs, whereas Traci can make 8 tables or 24 chairs. Given this, we know that the opportunity cost of 1 chair is
a. 1/6 table for Ken and 1/3 table for Traci.
b. 1/6 table for Ken and 3 tables for Traci.
c. 6 tables for Ken and 1/3 table for Traci.
d. 6 tables for Ken and 3 tables for Traci.
a
Economics
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