Question

Betty and Ann live on a desert island. With a day's labor, Ann can produce 8 fish or 4 coconuts; Betty can produce 6 fish or 2 coconuts. Ann's opportunity cost of producing 1 coconut is ________ and she should specialize in the production of ________.A) 8 fish per coconut; fishB) 2 fish per coconut; coconutsC) 6 fish per coconut; coconutsD) 0 fish per coconut; coconuts

Answer 1

Answer:

The answer is "option b".

Explanation:

In this question, choice b is correct because, On a deserted beach, Betty and Ann live. Anna could section 80. or 4 nests of one day's job, and Betty can produce 6 or 2 coconuts. That cost of manufacturing 1 coconut is 2 fish per coconut, which Ann must be skilled for coconuts production.