Multiple Choice
Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day. On the other hand, a Canadian worker can produce 10 pairs of shoes or grow 20 apples per day. The opportunity cost for the United States is:
A) 5 apples for each pair of shoes.
B) 5 pairs of shoes for each apple.
C) 1/55 apple for each pair of shoes.
D) 1 pair of shoes for every 2 apples.
Correct Answer:

Verified
Correct Answer:
Verified
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