Table 351
Full-Employment Output of Goods Based on the Information in Soybeans

question 25

Multiple Choice

$\begin{array}{|c|c|c|}\hline \text { Country } & \text { Tons of Soybeans } & \text { Computers } \\\hline \text { China } & 100 & 300 \\\hline \text { United States } & 150 & 750 \\\hline\end{array}$
Table 35.1
Full-Employment Output of Goods Based on the information in Table 35.1,assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods.The opportunity cost of producing 1 ton of soybeans in the United States is

• A)1/5 of a computer.
• B)1/3 of a computer.
• C)3 computers.
• D)5 computers.

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Definitions:

Prices Charged

The monetary amount requested or expected in exchange for goods or services.

Universal Health Coverage

A health care system in which all individuals have access to essential health services without suffering financial hardship.

US Labor Unions

Organizations that represent workers in negotiations with employers over wages, benefits, and working conditions.

American Medical Association

A professional association of physicians and medical students in the United States that aims to promote the art and science of medicine for the betterment of public health.