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-(Figure: Comparative Advantage)Use Figure: Comparative Advantage.The opportunity cost of producing 1 box of oranges for Westland is _____ box(es)of peaches.
A)1
B)0.25
C)4
D)10

Question

Use the following to answer question:

-(Figure: Comparative Advantage)Use Figure: Comparative Advantage.The opportunity cost of producing 1 box of oranges for Westland is _____ box(es)of peaches.
A)1 
B)0.25 
C)4 
D)10

Quizplus · Accepted Answer

The opportunity cost of producing 1 box of oranges in Westland is 4 boxes of peaches. This is determined by comparing the production possibilities of oranges and peaches in Westland, where the ratio of the opportunity cost is the inverse of the production ability of oranges to peaches.

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