a-farmer-can-produce-either-100-bushels-of-corn-or-50-bushels-of-wheat-what-is-t

Question

A farmer can produce either 100 bushels of corn or 50 bushels of wheat. What is the opportunity cost of producing 1 bushel of wheat?

Accepted Answer

2 bushels of corn.

Answer

1 bushel of corn.

Answer

3 bushels of corn.

Answer

0.5 bushels of corn.