Multiple Choice
Use the following to answer questions: Table: Production Possibilities for the United States and Mexico
-(Table: Production Possibilities for the United States and Mexico) According to the table on production possibilities for the United States and Mexico, Mexico's opportunity cost of producing each ton of potatoes is ______, while the United States' opportunity cost of producing each ton of potatoes is ______.
A) 0.125 tons of potatoes; 0.2 tons of potatoes
B) eight tons of corn; 0.2 tons of potatoes
C) eight tons of corn; five tons of corn
D) five tons of corn; 0.2 tons of corn
Correct Answer:

Verified
Correct Answer:
Verified
Q59: Use the following to answer questions:
Q62: The main reason why specialization can raise
Q67: Conan O'Brien hosts the Conan show and
Q68: Use the following to answer questions:
Q139: In Spain it takes 10 workers to
Q177: Mark values his drum set at $800
Q196: In a world with trade, no one
Q224: According to the theory of comparative advantage,
Q227: Conan O'Brien hosts the Conan show and
Q239: Which of the following is least likely