Refer to the figure below For Pat the opportunity cost of re
Refer to the figure below. For Pat, the opportunity cost of removing one bag of trash is planting:
Select one:
a. 100 bulbs.
b. 5 bulbs.
c. 1/100 of a bulb.
d. 1/5 of a bulb
100 N Pat\'s PPC 75 2 50 25 0 0 5 10 15 20 25 Bags of Trash Removed Per HourSolution
Ans: 5 bulbs
Explanation:
The opportunity cost of removing one bag of trash = 100 / 20 = 5 bulbs of planting.
It means to remove one bag of trash one has to plant 5 bulbs.
