Question

Jamaica can produce either 6 batches of apples or 10 batches of coconuts. What is the opportunity cost of producing 2 batches of coconuts in terms of batches of apples?

A. 0.4 batches of apples
B. 0.6 batches of apples
C. 1.2 batches of apples
D. 1.5 batches of apples

Answer 1

The opportunity cost of producing 2 batches of coconuts in Jamaica is 1.2 batches of apples, since Jamaica can produce either 6 batches of apples or 10 batches of coconuts.

Step-by-step explanation:

The opportunity cost of producing 2 batches of coconuts in terms of batches of apples in Jamaica can be calculated based on the information provided that Jamaica can produce either 6 batches of apples or 10 batches of coconuts. To find the opportunity cost per batch of coconuts, we look at how many batches of apples could have been produced instead. The trade-off is 6 batches of apples for 10 batches of coconuts. Thus, the opportunity cost of 1 batch of coconuts is 0.6 batches of apples. For 2 batches of coconuts, it would be 2 times 0.6, which is 1.2 batches of apples. Therefore, the correct answer is C. 1.2 batches of apples.