The following table shows per-day production data of rice and T-shirts for two countries,Cambria and Bodoni.Based on the table,it can be said that the opportunity cost of 1 T-shirt in Bodoni is _____.
Table 17.1

A) 0.9 ton of rice
B) 0.5 ton of rice
C) 0.75 ton of rice
D) 0.01 ton of rice
E) 0.02 ton of rice
Correct Answer:
Verified
Q33: Which of the following reasons best explains
Q42: Economies of scale in the production of
Q47: Which of the following is not a
Q54: If there are no trade restrictions,a country
Q69: Differences in resource endowments are differences in
A)tariffs
Q72: The following table shows per-day production data
Q73: The following graph shows the market equilibrium
Q74: The following table shows the demand,supply,and price
Q77: The following table shows the demand,supply,and price
Q81: The following graph shows the demand for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents