Based on the information in Table 35.1, assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods. The opportunity cost of producing 1 ton of soybeans in the United States is
A) 1/5 of a computer.
B) 1/3 of a computer.
C) 3 computers.
D) 5 computers.

Question

Based on the information in Table 35.1, assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods. The opportunity cost of producing 1 ton of soybeans in the United States is
A) 1/5 of a computer. 
B) 1/3 of a computer. 
C) 3 computers. 
D) 5 computers.

Quizplus · Accepted Answer

The Answer of  Based on the information in Table 35.1, assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods. The opportunity cost of producing 1 ton of soybeans in the United States is
A) 1/5 of a computer. 
B) 1/3 of a computer. 
C) 3 computers. 
D) 5 computers.

Based on the Information in Table 35