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
Q1: The table below shows the quantity demanded
Q14: The first panel in the following figure
Q39: According to the Ricardian model,the source of
Q44: The table below shows the quantity demanded
Q61: The data in the table below assumes
Q65: The figure given below shows the import
Q68: The data in the table below assumes
Q70: The following table shows that in one
Q73: The table given below shows the absolute
Q103: The table below shows the quantity demanded