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-In Exhibit B-16, Which of the Following Is True

Question 144

Multiple Choice

-In Exhibit B-16, which of the following is true? A) Country A needs fewer resources to produce a given amount of oil than country B. B) Country A needs fewer resources to produce a given amount of corn than country B. C) Country B has a lower opportunity cost in the production of corn. D) Country A has a lower opportunity cost in the production of oil. E) Both countries will produce the same amounts of both goods.
-In Exhibit B-16, which of the following is true?


A) Country A needs fewer resources to produce a given amount of oil than country B.
B) Country A needs fewer resources to produce a given amount of corn than country B.
C) Country B has a lower opportunity cost in the production of corn.
D) Country A has a lower opportunity cost in the production of oil.
E) Both countries will produce the same amounts of both goods.

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