Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

Multiple Choice

Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.

-Refer to Table 3-7.Japan's opportunity cost of one car is

A) 1/5 airplane and Korea's opportunity cost of one car is 1/3 airplane.
B) 1/5 airplane and Korea's opportunity cost of one car is 3 airplanes.
C) 5 airplanes and Korea's opportunity cost of one car is 1/3 airplane.
D) 5 airplanes and Korea's opportunity cost of one car is 3 airplanes.