This table shows how much cotton and cocoa can be produced in Peru and Brazil with one unit of equivalent resources.
-Refer to Table 33- 4. The opportunity cost of a bale of cotton in Peru is
A) 1/6 bushel of cocoa beans.
B) 1/2 bushel of cocoa beans.
C) 2/3 bushel of cocoa beans.
D) 2 bushels of cocoa beans.
E) 4 bushels of cocoa beans.
Correct Answer:
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