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Table 2-8 Table 2-8 Shows the Number of Labor Hours Required to of Labor

Question 127

Multiple Choice
Table 2-8 Table 2-8 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea. -Refer to Table 2-8.What is China's opportunity cost of producing one pound of wheat? A)0.04 units of a digital camera B)4 digital cameras C)25 digital cameras D)40 digital cameras

Table 2-8
Table 2-8 Table 2-8 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea. -Refer to Table 2-8.What is China's opportunity cost of producing one pound of wheat? A) 0.04 units of a digital camera B) 4 digital cameras C) 25 digital cameras D) 40 digital cameras
Table 2-8 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-8.What is China's opportunity cost of producing one pound of wheat?


A) 0.04 units of a digital camera
B) 4 digital cameras
C) 25 digital cameras
D) 40 digital cameras

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