Question

Hosnes Production Possibilities Frontier Merves Production Possibilities wallets vallets 10 10 1 23 4 5 6 789 10es 12 35 67
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Hosne's opportunity cost of one purse is

= 8/10

= 0.8 or 4/5 of wallets

Similarly Merve opportunity cost of one purse is

= 6/4

= 1/5 or 3/2 of wallets

option(A)

Add a comment
Know the answer?
Add Answer to:
Hosne's Production Possibilities Frontier Merve's Production Possibilities wallets vallets 10 10 1 23 4 5 6...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT