Refer to the information provided in Table 33.1 below to answer the question(s) that follow.
Table 33.1
-Refer to Table 33.1. In Mexico, the opportunity cost of 1 bushel of oranges is

Question

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.
Table 33.1 
-Refer to Table 33.1. In Mexico, the opportunity cost of 1 bushel of oranges is

Quizplus · Accepted Answer

According to the table, in Mexico, 1 bushel of oranges can be exchanged for 1/2 bushel of bananas. Therefore, the opportunity cost of 1 bushel of oranges is 1/2 bushel of bananas. The best choice(s) for this question is B as it correctly identifies the opportunity cost of 1 bushel of oranges in terms of bananas.

Refer to the Information Provided in Table 33