Below Is Some Hypothetical Data for the Countries of Canada

question 38

Multiple Choice

Below is some hypothetical data for the countries of Canada and Mexico.(Assume that Canada has 10 million workers per month available and Mexico has 20 million. )
Canada's Production Possibilities
(Output in millions of bushels per month)
Mexico's Production Possibilities
(Output in millions of bushels per month)
Output Before Trade
(Output in millions of bushels per month)

-Refer to the information above to answer this question.What is the opportunity cost of 1 bushel of rye in Mexico?

• A)0.5 bushels of beans.
• B)1 bushel of beans.
• C)2 bushels of beans.
• D)15 bushels of beans.
• E)20 bushels of beans.

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