The Table Below Shows Units of Wheat and Cloth Produced

question 93

Multiple Choice

The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1

-According to Table 20.1, the opportunity cost of producing cloth in the U.S. equals:

• A)2 units of wheat.
• B)half a unit of wheat.
• C)3 units of wheat.
• D)one-third of a unit of wheat.
• E)6 units of wheat.

---

Definitions:

Viagra

A pharmaceutical drug used to treat erectile dysfunction by increasing blood flow to the penis.

Family Branding

A marketing strategy that promotes a family of products or services under a single brand name to leverage brand equity and customer loyalty.

Product Offerings

The range of products or services a company provides to its customers, often defined by features, quality, and price points.

Product Class

A broad category of products that serve a similar function or are marketed to the same customer segments.