Multiple Choice
Suppose that a worker in Country A can make either 10 iPhones or 5 iPads each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPhones or 10 iPads each year. Country B has 200 workers. Which of the following is true?
A) In Country A, the opportunity cost of one iPhone is two iPads.
B) In Country A, the opportunity cost of one iPad is two iPhones.
C) The opportunity cost of iPads is lower in Country A than in Country B.
D) In Country B, the opportunity cost of one iPhone is two iPads.
Correct Answer:

Verified
Correct Answer:
Verified
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