Multiple Choice
Table 35.1
Full-Employment Output of Goods Based on the information in Table 35.1, assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods.The opportunity cost of producing 1 ton of soybeans in the United States is
A) 1/5 of a computer.
B) 1/3 of a computer.
C) 3 computers.
D) 5 computers.
Correct Answer:
Verified
Related Questions