The table given below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the Rest of the World per labor hour. The opportunity cost of producing an umbrella in the United Kingdom is _____. $$\begin{array} { l c c }
\hline\text { Productivity } & \text { In the United Kingdorn } & \text { In the Rest of the World } \
\hline \text { Umbrellas per labor hour } & 0.25 & 1 \
\text { Bushels of corn per labor hour } & 0.5 & 0.67\\hline
\end{array}$$
A)2 bushels of corn
B)3 bushels of corn
C)3/2 of a bushel of corn
D)1/3 of a bushel of corn

Question

The table given below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the Rest of the World per labor hour. The opportunity cost of producing an umbrella in the United Kingdom is _____. $$\begin{array} { l c c } 
\hline\text { Productivity } & \text { In the United Kingdorn } & \text { In the Rest of the World } \
\hline \text { Umbrellas per labor hour } & 0.25 & 1 \
\text { Bushels of corn per labor hour } & 0.5 & 0.67\\hline
\end{array}$$
A)2 bushels of corn
B)3 bushels of corn
C)3/2 of a bushel of corn
D)1/3 of a bushel of corn

Quizplus · Accepted Answer

The Answer of The table given below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the Rest of the World per labor hour. The opportunity cost of producing an umbrella in the United Kingdom is _____. $$\begin{array} { l c c } 
\hline\text { Productivity } & \text { In the United Kingdorn } & \text { In the Rest of the World } \
\hline \text { Umbrellas per labor hour } & 0.25 & 1 \
\text { Bushels of corn per labor hour } & 0.5 & 0.67\\hline
\end{array}$$
A)2 bushels of corn
B)3 bushels of corn
C)3/2 of a bushel of corn
D)1/3 of a bushel of corn

The Table Given Below Shows the Number of Umbrellas and Bushels