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The Data in the Table Below Assumes That with the Same

question 53

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The data in the table below assumes that with the same quantity of resources, both Australia and Philippines produces food and computers.Australia can make 1, 000 computers or 2, 000 units of food in a day, and the Philippines can make 200 computers or 1, 200 units of food in a day. Table 20.2 The data in the table below assumes that with the same quantity of resources, both Australia and Philippines produces food and computers.Australia can make 1, 000 computers or 2, 000 units of food in a day, and the Philippines can make 200 computers or 1, 200 units of food in a day. Table 20.2   According to Table 20.2, what is the opportunity cost of 1 computer in Australia? A) half a unit of food B) one-sixth of a unit of food C) 1 unit of food D) 6 units of food E) 2 units of food According to Table 20.2, what is the opportunity cost of 1 computer in Australia?


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