Question
Suppose US and China are the only two countries in the world. Both countries can produce computer and wheat. The following table describes their maximum
Suppose US and China are the only two countries in the world. Both countries can produce computer and wheat. The following table describes their maximum output per day. Use this table to answer the following question.
| Computer | Wheat | |
| US | 1,710 | 1,475 |
| China | 962 | 2,473 |
China's opportunity cost computer is _____ wheat?
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
