Refer to the information provided in Figure 18.2 below to answer the questions that follow. Figure 18.2
-Refer to Figure 18.2. The opportunity cost of a truck is ________ car(s) in the United States and ________ car(s) in England.
A) 6; 4
B) 4; 1.5
C) 4; 6
D).25; 1.5

Question

Refer to the information provided in Figure 18.2 below to answer the questions that follow.  Figure 18.2
-Refer to Figure 18.2. The opportunity cost of a truck is ________ car(s) in the United States and ________ car(s) in England.
A) 6; 4 
B) 4; 1.5 
C) 4; 6 
D).25; 1.5

Quizplus · Accepted Answer

The opportunity cost of a truck in terms of cars is calculated by comparing the production possibilities. In the United States, the opportunity cost of a truck is 4 cars, and in England, it is 1.5 cars.

Refer to the Information Provided in Figure 18