-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 computer in China is

Question

Quizplus · Accepted Answer

The opportunity cost of producing 1 computer in China is the amount of soybeans that could have been produced with the same resources. If 1 computer costs 1/3 of a ton of soybeans, then the opportunity cost is 1/3 of a ton of soybeans.

-Based on the Information in Table 35