One of the largest categories of exports from the United States is now pop culture: movies, music, TV programming, and videos. A direct conclusion from this information is that, compared to other countries, the United States has
A) lower wages for producers of pop culture.
B) higher wages for producers of pop culture.
C) a higher opportunity cost of producing pop culture.
D) a lower opportunity cost of producing pop culture.

Question

Quizplus · Accepted Answer

A lower opportunity cost of producing pop culture implies that the United States can produce pop culture more efficiently relative to other goods or services, which supports its large export volume in this category.

One of the Largest Categories of Exports from the United