Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods. (Figure: Comparative Advantage) Look at the figure Comparative Advantage.The opportunity cost of producing 1 box of oranges for Eastland is:
A.1 box of peaches.
B.1/4 box of peaches.
C.4 boxes of peaches.
D.10 boxes of peaches.

Question

Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods.  (Figure: Comparative Advantage) Look at the figure Comparative Advantage.The opportunity cost of producing 1 box of oranges for Eastland is: 
A.1 box of peaches.
B.1/4 box of peaches.
C.4 boxes of peaches.
D.10 boxes of peaches.

Quizplus · Accepted Answer

The Answer of Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods.  (Figure: Comparative Advantage) Look at the figure Comparative Advantage.The opportunity cost of producing 1 box of oranges for Eastland is: 
A.1 box of peaches.
B.1/4 box of peaches.
C.4 boxes of peaches.
D.10 boxes of peaches.

Figure: Comparative Advantage Eastland and Westland Produce Only Two Goods, Boxes of Peaches