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(Table: Econoland and Macroland Annual Production Capacity in Tons) Based

Question 47

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(Table: Econoland and Macroland Annual Production Capacity in Tons) Based on the table, which statement correctly identifies opportunity costs?  Cabbages  Oranges  Econoland 50,00040,000 Macroland 80,00072,000\begin{array} { | l | l | l | } \hline & \text { Cabbages } & \text { Oranges } \\\hline \text { Econoland } & 50,000 & 40,000 \\\hline \text { Macroland } & 80,000 & 72,000 \\\hline\end{array}


A) Macroland's opportunity cost for producing cabbages is 0.625% of Econoland's.
B) Econoland's opportunity cost for producing cabbages is 1.6 tons of oranges.
C) Macroland's opportunity cost for producing oranges is 1.11 tons of cabbage.
D) Econoland's opportunity cost for producing oranges is 0.556% of Macroland's.

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