Multiple Choice
Reference: Ref 2-1 (Table: iPhone and iPod Production) According to the table on iPhone and iPod Production, the opportunity cost of producing one iPhone is:
A) 4/3 of one iPod for Canada, and two iPods for the United States.
B) two iPods for Canada, and four iPods for the United States.
C) 3/4 of one iPod for Canada, and one iPod for the United States.
D) one iPod for Canada, and 3/4 of one iPod for the United States.
Correct Answer:

Verified
Correct Answer:
Verified
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