Table 2-4 Table 2-4 Shows the Number of Labor Hours Required to of Labor

question 135

Multiple Choice

Table 2-4

Table 2-4 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-4.What is China's opportunity cost of producing one pound of wheat?

• A) 0.04 units of a digital camera
• B) 4 digital cameras
• C) 25 digital cameras
• D) 40 digital cameras

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Definitions:

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