The Data in the Table Below Assumes That with the Same

The data in the table below assumes that with the same quantity of resources, both Australia and Philippines produces food and computers.Australia can make 1, 000 computers or 2, 000 units of food in a day, and the Philippines can make 200 computers or 1, 200 units of food in a day. Table 20.2 According to Table 20.2, what is the opportunity cost of 1 computer in the Philippines?

A) 6 units of food
B) Three-fifths of a unit of food
C) One-sixth of a unit of food
D) 2 units of food
E) 1 unit of food

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free