Multiple Choice
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 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:
Verified
Correct Answer:
Verified
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