Table 3-34 Assume That Indonesia and India Can Switch Between Producing Rice

question 343

Multiple Choice

Table 3-34
Assume that Indonesia and India can switch between producing rice and bananas at a constant rate.
​
-Refer to Table 3-34. India's opportunity cost of producing rice is

• A)1/2 units of bananas. This is higher than Indonesia's opportunity cost of producing rice.
• B)1/2 units of bananas. This is lower than Indonesia's opportunity cost of producing rice.
• C)2 units of bananas. This is higher than Indonesia's opportunity cost of producing rice.
• D)2 units of bananas. This is lower than Indonesia's opportunity cost of producing rice.

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