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Using the following hypothetical production possibilities for Canada and Greece, what is the opportunity cost of producing cloth in Greece? Production Possibilities for Canada Production-Mix

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Using the following hypothetical production possibilities for Canada and Greece, what is the opportunity cost of producing cloth in Greece? Production Possibilities for Canada Production-Mix A B C D Apple (tonnes) 30 20 12 0 Cloths (tonnes) 0 10 18 30 Production Possibilities for Greece Production-Mix E F G H Apple (tonnes) 20 15 4 0 Cloths (tonnes) 0 3 8 10 O A. 2 Cloth=4 Apple O B. 1 Cloth=1/4 Apple O C. 1 Cloth=1 Apple OD. None of the answers are correct O E. 1 Cloth=1/2 Apple

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