The Following Table Shows Per-Day Production Data of Rice and T-Shirts

question 118

Multiple Choice

The following table shows per-day production data of rice and T-shirts for two countries, Cambria and Bodoni. Based on the table, it can be said that the opportunity cost of a ton of rice in Bodoni is _____. ​
Table 19.1
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• A)20 T-shirts
• B)3 T-shirts
• C)4 T-shirts
• D)10 T-shirts
• E)2 T-shirts

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Definitions:

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of the company's stock, rather than cash.

Retained Earnings Statement

A financial report detailing the variations in retained profits over a definite time frame.

Depreciation Expense

The allocation of the cost of tangible assets over their useful lives as an expense to reflect their usage and wear and tear.

Stock Dividend

Additional shares are issued to shareholders by a corporation as a payment, rather than giving out cash.