1. Ekuacantake 1 hour to harvest 5 bushels of mangoes or 2 hours to harvest 3 bushels of oranges. Araba can harvest 5 bushels of mangoes in 2 hours or 4 bushels of oranges in 2hours.Araba'sopportunitycost of producing 1 unit of orange is

5/4 mangoes.

4/5 mangoe.

2/5 mangoe.

5/2 mangoes.

1. Inelastic demand could be indicated by a value of:
2. 5.0
3. 0.6
4. 2.6
5. 1.6
6. 1