-Refer to the above table. Assuming that opportunity costs are constant, the opportunity cost of producing a computer in the United States is equal to ________, and the opportunity cost of producing a computer in Mexico is ________.
A)4 bicycles; 0.5 bicycles
B)0.25 bicycle; 2 bicycles
C)2.67 computers; 0.33 bicycles
D)0.375 bicycle; 3 computers

Question

-Refer to the above table. Assuming that opportunity costs are constant, the opportunity cost of producing a computer in the United States is equal to ________, and the opportunity cost of producing a computer in Mexico is ________.
A)4 bicycles; 0.5 bicycles 
B)0.25 bicycle; 2 bicycles 
C)2.67 computers; 0.33 bicycles 
D)0.375 bicycle; 3 computers

Quizplus · Accepted Answer

The opportunity cost of producing a computer in the United States is 0.25 bicycle, and in Mexico, it is 2 bicycles. This is calculated by comparing the production possibilities of each country.

-Refer to the Above Table