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Scenario 17.1 the Data in the Table Tell Us That Both the Both

Question 24

Multiple Choice
Scenario 17.1
The data in the table tell us that both the United States and Mexico produce wheat and beef. The United States can make 6 bushels of wheat or 1 pound of beef in a day. Mexico can make 2 bushels of wheat or 4 pounds of beef in a day.
 
-In the table in Scenario 17.1, what is the opportunity cost of 1 bushel of wheat in Mexico?

Scenario 17.1
The data in the table tell us that both the United States and Mexico produce wheat and beef. The United States can make 6 bushels of wheat or 1 pound of beef in a day. Mexico can make 2 bushels of wheat or 4 pounds of beef in a day.
Scenario 17.1 The data in the table tell us that both the United States and Mexico produce wheat and beef. The United States can make 6 bushels of wheat or 1 pound of beef in a day. Mexico can make 2 bushels of wheat or 4 pounds of beef in a day.    -In the table in Scenario 17.1, what is the opportunity cost of 1 bushel of wheat in Mexico? A)  1 pound of beef B)  1/2 pound of beef C)  1/6 pound of beef D)  2 pounds of beef E)  6 pounds of beef
-In the table in Scenario 17.1, what is the opportunity cost of 1 bushel of wheat in Mexico?


A) 1 pound of beef
B) 1/2 pound of beef
C) 1/6 pound of beef
D) 2 pounds of beef
E) 6 pounds of beef

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