Figure 3-8 -Refer to Figure 3-8.Chile's Opportunity Cost of One Pound of of One

Multiple Choice

Figure 3-8

-Refer to Figure 3-8.Chile's opportunity cost of one pound of coffee is

A) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans.
B) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans.
C) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans.
D) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans.