The table below shows units of wheat and cloth produced by each worker per day in both the countries. Table 20.1
- According to Table 20.1,the opportunity cost of producing wheat in India equals:

Question

The table below shows units of wheat and cloth produced by each worker per day in both the countries. Table 20.1 
- According to Table 20.1,the opportunity cost of producing wheat in India equals:

Quizplus · Accepted Answer

The opportunity cost of producing wheat in India equals half a unit of cloth because, according to Table 20.1, India can produce either 2 units of cloth or 4 units of wheat. So, to produce 1 unit of wheat, India must give up the production of 1/2 unit of cloth.

The Table Below Shows Units of Wheat and Cloth Produced