The Following Production Possibilities Schedule Shows the Quantities of Soybeans

question 71

Multiple Choice

The following production possibilities schedule shows the quantities of soybeans and oil that can each be produced in Canada and Mexico with one unit of equivalent resources. TABLE 32-3 Refer to Table 32-3.The opportunity cost of a barrel of oil in Canada is

• A)16.67 bushels of soybeans.
• B)6 bushels of soybeans.
• C)2.5 bushels of soybeans.
• D)1.25 barrels of oil.
• E)0.8 barrels of oil.

---

Definitions:

Stolen Title

The illegal acquisition and possession of a property title or document, often through fraudulent means.

Seller

A person or organization that provides products or services for purchase by customers or other companies.

Buyer

An individual or entity that purchases goods or services from a seller for compensation.

Forged Cashier's Check

A counterfeit document made to look like a legitimate cashier's check, used in fraudulent transactions.