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1. Explain why the farmer’s opportunity cost of  producin 1. Explain why the farmer’s opportunity cost of  producin

1. Explain why the farmer’s opportunity cost of producin - PowerPoint Presentation

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Uploaded On 2016-06-22

1. Explain why the farmer’s opportunity cost of producin - PPT Presentation

It takes farmer 20 hours to 1 lb meat It takes farmer 10 hours to 1lb Potatoes In the same 20 hours he could have produced 2 lb of potatoes so in making 1 lb meat he has given up the opportunity to make 2lb potatoes ID: 373630

tons cars mil grain cars tons grain mil 100 opportunity workers potatoes trade 200 japan cost meat ton produce

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