Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

question 340

Multiple Choice

Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.

-Refer to Table 3-7.Japan's opportunity cost of one airplane is

• A) 1/5 car and Korea's opportunity cost of one airplane is 1/3 car.
• B) 1/5 car and Korea's opportunity cost of one airplane is 3 cars.
• C) 5 cars and Korea's opportunity cost of one airplane is 1/3 car.
• D) 5 cars and Korea's opportunity cost of one airplane is 3 cars.

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