Deb and Pete have volunteered to help their favorite charity mail out fundraiser information. The figure above shows their production possibilities frontiers for assembling packets and stuffing envelopes
What is Deb's opportunity cost of assembling 1 packet?
A) 4 envelopes
B) 4 packets
C) 160 envelopes
D) 1/4 of an envelope
E) 40 envelopes
A
Economics
You might also like to view...
A free rider is a person who consumes a good without paying for it
Indicate whether the statement is true or false
Economics
Suppose Jess resigns from her low paying job. After looking for a new job for two weeks she is highly frustrated and gives up looking for a better-paying job. According to the U.S. Bureau of Labor Statistics, Jess would:
a. be considered as a part of the labor force. b. be considered employed. c. be considered temporarily unemployed. d. not be considered as a part of the labor force. e. be considered as seasonally unemployed.
Economics