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Table 3-32 US and French Production Opportunities

question 415

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Table 3-32
US and French Production Opportunities Table 3-32 US and French Production Opportunities   -Refer to Table 3-32 The opportunity costs for the US and France are as follows: A) In the US 1 million gallons of wine costs 1/2 million pounds of cheese and in France 1 million gallons of wine costs 2 million pounds of cheese. B) In the US 1 million gallons of wine costs 2 million pounds of cheese and in France 1 million gallons of wine costs 1/2 million pounds of cheese. C) In the US 1 million pounds of cheese costs 1/2 million gallons of wine and in France 1 million pounds of cheese costs 2 million gallons of wine. D) In the US 1 million pounds of cheese costs 16 million gallons of wine and in France 1 million pounds of cheese costs 8 million gallons of wine.
-Refer to Table 3-32 The opportunity costs for the US and France are as follows:


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