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USA: 12 Bushels of wheat or 3 yards of textiles India: 3 bushels of wheat or 12 yards of textiles The opportunity cost of one
USA: 12 Bushels of wheat or 3 yards of textiles India: 3 bushels of wheat or 12 yards of textiles The opportunity cost of one bushel of wheat in the U.S Is ? A 12 yards of textiles B 1/3 yards of textiles C 4 yards of textiles D 1/4 yards of textiles
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Microeconomics
Authors: Dean S. Karlan, Jonathan J. Morduch
2nd edition
1259813337, 1259813339, 978-1259813337
