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(Table: Econoland and Macroland Annual Production Capacity in Tons) Based

Question 64

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(Table: Econoland and Macroland Annual Production Capacity in Tons) Based on the table, which statement correctly identifies opportunity costs? (Table: Econoland and Macroland Annual Production Capacity in Tons)  Based on the table, which statement correctly identifies opportunity costs?   A)  Econoland's opportunity cost for producing oranges is 0.556% of Macroland's. B)  Econoland's opportunity cost for producing cabbages is 1.6 tons of oranges. C)  Marcoland opportunity cost for producing cabbages is 0.625% of Econoland's. D)  Macroland's opportunity cost for producing oranges is 1.11 tons of cabbages.


A) Econoland's opportunity cost for producing oranges is 0.556% of Macroland's.
B) Econoland's opportunity cost for producing cabbages is 1.6 tons of oranges.
C) Marcoland opportunity cost for producing cabbages is 0.625% of Econoland's.
D) Macroland's opportunity cost for producing oranges is 1.11 tons of cabbages.

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