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Table. Number of hours required to produce a unit of X and Y. N Table. Number of hours required to produce a unit of X
Table. Number of hours required to produce a unit of X and Y. N Table. Number of hours required to produce a unit of X and Y. Required hours per Required hours per Country unit of output, unit of output, 5 6 Product X Product Y South Korea 80 40 Japan 20 20 8 9 Based on the information given in the above table, in Korea the relative price of Y (opportunity cost of Y) is 11 12 14 15 ( 1) 2 Xs O 2) 0.5 Xs 17 18 3) 1Ys ( 4) 1 X
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