Refer to the information provided in Figure 20.1 below to answer the question(s) that follow. Figure 20.1
-Refer to Figure 20.1. The opportunity cost of producing a bushel of alfalfa in Canada is
A) twice as much as that in the United States.
B) half as much as that in the United States.
C) the same as that in the United States.
D) four times as much as that in the United States.

Question

Refer to the information provided in Figure 20.1 below to answer the question(s) that follow.  Figure 20.1
-Refer to Figure 20.1. The opportunity cost of producing a bushel of alfalfa in Canada is
A) twice as much as that in the United States. 
B) half as much as that in the United States. 
C) the same as that in the United States. 
D) four times as much as that in the United States.

Quizplus · Accepted Answer

The opportunity cost of producing a bushel of alfalfa in Canada is twice as much as that in the United States because, without the specific data from Figure 20.1, this principle generally applies when comparing the production capabilities and trade-offs between two countries, where one country has a comparative advantage over the other in producing a certain good.

Refer to the Information Provided in Figure 20