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2 years ago

the gardener's opportunity cost of a bushel of beans multiplied by her opportunity cost of a bushel of corn is

2 answers:

8 0

The gardener's opportunity cost of a bushel of beans multiplied by her opportunity cost of a bushel of corn is equal to 1.

<h3>How to solve for the opportunity cost</h3>

We have that the garden can either produce 2 bushels of bean of 5 bushels of corn.

Hence we would have the opportunity cost of either items to be 2/5 for a bushel of bean and 5/2 for a 1 bushel of corn.

Hence when we multiply these values we would have 5/2 * 2/5

= 10/10

= 1

Hence the the gardener's opportunity cost of a bushel of beans multiplied by her opportunity cost of a bushel of corn is equal to 1.

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