Use the following table showing production possibilities for tea and coffee from one unit of resources in Country K and one unit of resources in Country L.

-The opportunity cost to Country K of devoting one unit of resources to the production of coffee is:

Question

Use the following table showing production possibilities for tea and coffee from one unit of resources in Country K and one unit of resources in Country L.
 
-The opportunity cost to Country K of devoting one unit of resources to the production of coffee is:

Quizplus · Accepted Answer

The opportunity cost of producing one unit of a good is the amount of another good that must be forgone to produce that unit. If Country K must give up 12 pounds of tea to produce one unit of coffee, then the opportunity cost of producing one unit of coffee is 12 pounds of tea.

Use the Following Table Showing Production Possibilities for Tea and Coffee