Multiple Choice
Country A can produce 10 yards of textiles and 6 pounds of food per unit of input.Compute the opportunity cost of producing food instead of textiles.
A) 1 yard of textiles per 1.67 pounds of food
B) 1 pound of food per 1.67 yards of textiles
C) 1 yard of textiles per 0.6 pounds of food
D) 1 pound of food per 0.6 yards of textiles
Correct Answer:
Verified
Correct Answer:
Verified
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