If robinson crusoe can either shoot 5-wild geese or catch, Ask an Expert

Economics

If Robinson Crusoe can, either shoot 5-wild geese or catch 15-fish, on average, for every hour of labour effort. i.e. the opportunity cost of shooting one wild goose is three fish.
Since he lives by himself, the frontier limits his consumption of fish and geese. Apart from trade with natives, can you think of one factor that can change the opportunity cost? Please explain.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9306695

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