Table 3-34
Assume that Indonesia and India can switch between producing rice and bananas at a constant rate.

-Refer to Table 3-34. India's opportunity cost of producing rice is
A)1/2 units of bananas. This is higher than Indonesia's opportunity cost of producing rice.
B)1/2 units of bananas. This is lower than Indonesia's opportunity cost of producing rice.
C)2 units of bananas. This is higher than Indonesia's opportunity cost of producing rice.
D)2 units of bananas. This is lower than Indonesia's opportunity cost of producing rice.

Question

Table 3-34
Assume that Indonesia and India can switch between producing rice and bananas at a constant rate.
​ 
-Refer to Table 3-34. India's opportunity cost of producing rice is
A)1/2 units of bananas. This is higher than Indonesia's opportunity cost of producing rice. 
B)1/2 units of bananas. This is lower than Indonesia's opportunity cost of producing rice. 
C)2 units of bananas. This is higher than Indonesia's opportunity cost of producing rice. 
D)2 units of bananas. This is lower than Indonesia's opportunity cost of producing rice.

Quizplus · Accepted Answer

India's opportunity cost of producing rice is 2 units of bananas, which is higher than Indonesia's opportunity cost.

Table 3-34 Assume That Indonesia and India Can Switch Between Producing Rice