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Table 18-1 -From Table 18-1, the Opportunity Cost of One Bushel of Input

Question 205

Multiple Choice

Table 18-1
 Alternate Outputs from One Day’s Labor Input  Wheat  Textiles  United States  (One person’s/day’s labor)  12 bushels  or 3 yards  Great Britain  (One person’s/day’s labor)   3 bushels  or 12 yards \begin{array}{r}\text { Alternate Outputs from One Day's Labor Input }\\\begin{array}{lll}& \text { Wheat } \quad\quad\quad\quad&& \text { Textiles } \quad\quad\quad\quad\\\hline \text { United States } \\ \text { (One person's/day's labor) } \quad\quad\quad& \text {12 bushels } & \text { or } & \text {3 yards } \\\\ \text { Great Britain } \\ \text { (One person's/day's labor) } & \text { 3 bushels } & \text { or } & \text {12 yards } \\\end{array}\end{array}

-From Table 18-1, the opportunity cost of one bushel of wheat in Great Britain is


A) 1/4 yard of textiles.
B) 3 yards of textiles.
C) 12 yards of textiles.
D) 4 yards of textiles.

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