Exhibit 21-4 Coffee and tea output (pounds per hour) As shown in Exhibit 21-4, the opportunity cost to Brazil of producing one pound of coffee is:

Question

Exhibit 21-4  Coffee and tea output (pounds per hour)  As shown in Exhibit 21-4, the opportunity cost to Brazil of producing one pound of coffee is:

Quizplus · Accepted Answer

According to Exhibit 21-4, Brazil can produce 1 pound of coffee in the same time it takes them to produce 1/2 pound of tea. Therefore, the opportunity cost of producing 1 pound of coffee is 1/2 pound of tea.

Exhibit 21-4 Coffee and Tea Output (Pounds Per Hour) as Shown