Solved

Suppose an American Worker Can Make 20 Pairs of Shoes

Question 37

Multiple Choice

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day.A Canadian worker,on the other hand,can produce 10 pairs of shoes or grow 20 apples per day.The opportunity cost of one pair of shoes for the United States is _______,while the opportunity cost of one pair of shoes for Canada is _________.


A) 5 apples;2 apples
B) 1/5 apple;½ apple
C) 2,000 apples;200 apples
D) 100 apples;20 apples

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions