Question
If Capeland switches from producing 0 watermelons to producing 18 million tons of watermelons, what does it give up? A. 9 million pairs of shoes B 6 million pairs of shoes C. 3 million tons of watermelons D. 14 million tons of watermelons
Answer
4.5
(193 Votes)
Zach
Master · Tutor for 5 years
Answer
### A. 9 million pairs of shoes
Explanation
## Step 1: Identify Opportunity Cost### The opportunity cost is what Capeland sacrifices in terms of producing other goods to switch to producing 18 million tons of watermelons.## Step 2: Analyze the Given Options### Evaluate each option to determine which represents the correct trade-off or sacrifice from switching production.## Step 3: Choose the Correct Opportunity Cost### The correct opportunity cost is the one that reflects the number of pairs of shoes given up when producing 18 million tons of watermelons.