Solved

The Table Below Shows Units of Wheat and Cloth Produced

Question 9

Multiple Choice

The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1
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 one unit of wheat in India equals: A) half a unit of cloth. B) one-third of a unit of cloth. C) 2 units of cloth. D) 4 units of cloth. E) one-fourth of a unit of cloth.
-According to Table 20.1, the opportunity cost of producing one unit of wheat in India equals:


A) half a unit of cloth.
B) one-third of a unit of cloth.
C) 2 units of cloth.
D) 4 units of cloth.
E) one-fourth of a unit of cloth.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents