Multiple Choice
(Table: Econoland and Macroland Annual Production Capacity in Tons) Based on the table, which statement correctly identifies the situation described therein? 
A) Macroland's opportunity cost of producing cabbages is 0.9 ton of oranges, and Econoland's opportunity cost of producing cabbages is 0.8 ton of oranges, which means Econoland has a comparative advantage in cabbage production.
B) Macroland's opportunity cost of producing cabbages is 1.25 tons of oranges, and Econoland's opportunity cost of producing cabbages is 1.11 tons of oranges, which means Macroland has a comparative advantage in cabbage production.
C) Macroland's opportunity cost of producing cabbages is 0.9 ton of oranges, and Econoland's opportunity cost of producing cabbages is 0.8 ton of oranges, which means Macroland has a comparative advantage in cabbage production.
D) Macroland's opportunity cost of producing cabbages is 1.25 tons of oranges, and Econoland's opportunity cost of producing cabbages is 1.11 tons of oranges, which means Econoland has a comparative advantage in cabbage production.
Correct Answer:
Verified
Correct Answer:
Verified
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