Use the following to answer question:
-(Table: Production Possibilities for Machinery and Petroleum)Use Table: Production Possibilities for Machinery and Petroleum.The opportunity cost of _____ is _____ in the United States as (than)in Mexico.

Question

Use the following to answer question: 
-(Table: Production Possibilities for Machinery and Petroleum)Use Table: Production Possibilities for Machinery and Petroleum.The opportunity cost of _____ is _____ in the United States as (than)in Mexico.

Quizplus · Accepted Answer

The opportunity cost of machinery is less in the United States than in Mexico, meaning the U.S. can produce machinery more efficiently relative to petroleum compared to Mexico.

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