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(Table: Production Possibilities for the United States and Canada) Look

Question 48

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(Table: Production Possibilities for the United States and Canada) Look at the table Production Possibilities for the United States and Canada.Both nations can produce cars and lumber.Based on the table, which of the following is true?
A.In the United States, the opportunity cost of 1 million cars is 10 million board feet of lumber.
B.In the United States, the opportunity cost of 10 million cars is 1 million board feet of lumber.
C.In Canada, the opportunity cost of 1 million cars is 6 million board feet of lumber.
D.In Canada, the opportunity cost of 1 million cars is 1/6 million board feet of lumber.

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In Canada, the oppor...

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