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
Q13: Nations trade what they produce in excess
Q17: The data in the table below assumes
Q19: Which of the following factors are least
Q20: Scenario 20.1 Suppose labor productivity differences are
Q21: The table below shows units of wheat
Q22: Absolute advantage is irrelevant,because knowing the absolute
Q23: The following table shows that in one
Q46: The table below shows the quantity demanded
Q52: The table below shows the quantity demanded
Q60: The table below shows the quantity demanded