Refer to the information provided in Table 20.5 below to answer the question(s) that follow. Cashews are measured in bushels and tea is measured in pounds (lbs.)
Table 20.5
Refer to Table 20.5. In Vietnam, the opportunity cost of
A. a lb. of tea is 1/8 of a bushel of cashews.
B. a lb. of tea is 2/15 of a bushel of cashews.
C. a bushel of cashews is 4/3 of a lb. of tea.
D. a lb. of tea is 40 bushels of cashews.
Answer: B
Economics
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