The data in the table below assumes that with the same quantity of resources,both Australia and Philippines produces food and computers.Australia can make 1,000 computers or 2,000 units of food in a day,and the Philippines can make 200 computers or 1,200 units of food in a day. Table 20.2
-According to Table 20.2,what is the opportunity cost of 1 computer in the Philippines?

Question

The data in the table below assumes that with the same quantity of resources,both Australia and Philippines produces food and computers.Australia can make 1,000 computers or 2,000 units of food in a day,and the Philippines can make 200 computers or 1,200 units of food in a day. Table 20.2  
-According to Table 20.2,what is the opportunity cost of 1 computer in the Philippines?

Quizplus · Accepted Answer

To determine the opportunity cost of one unit, we need to calculate the amount of food that the Philippines needs to give up to produce one computer.

Opportunity Cost of 1 Computer in the Philippines = Units of food that Philippines can produce ÷ Computers that Philippines can produce
= 1,200 ÷ 200
= 6 units of food

Therefore, the answer is A, 6 units of food.

As for the best choice(s), it depends on the desired outcome. If the goal is to produce as many computers as possible, then Australia should specialize in producing computers while the Philippines specializes in producing food. However, if the goal is to produce as much food as possible, then the countries should specialize in the opposite way. In other words, the best choice(s) depends on the specific objective.

The Data in the Table Below Assumes That with the Same