Wednesday

July 30, 2014

July 30, 2014

Posted by **Nichole** on Thursday, August 27, 2009 at 3:20pm.

a. What is the opportunity cost of a Red person making a piece of clothing? One unit of clothing cost _____ deer.

b. What is the opportunity cost of a Blue person making a piece of clothing? One unit of clothing cost _____ deer.

- College Econ -
**economyst**, Friday, August 28, 2009 at 2:47pmIs it clothing and deer or clothing and buffalo? Doesnt matter, i'll use deer.

To get 1 piece of clothing:

Red must give up 2 deer.

Blue must give up 1/3 deer.

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