Use the Following to Answer Question

question 217

Multiple Choice

Use the following to answer question:
-(Table: The Production Possibilities for Tractors and Crude Oil) Use Table: The Production Possibilities for Tractors and Crude Oil.Which statement is TRUE?

• A)The opportunity cost of crude oil is lower in the United States than in Mexico.
• B)The opportunity cost of crude oil is higher in the United States than in Mexico.
• C)Crude oil costs are the same in the United States and in Mexico.
• D)Tractor costs are the same in the United States and in Mexico.