Refer to the information provided in Table 18.1 below to answer the questions that follow.
Table 18.1
-Refer to Table 18.1. In Guatemala, the opportunity cost of 1 bushel of bananas is
A) 1/2 bushel of oranges.
B) 1 bushels of oranges.
C) 2 bushel of oranges.
D) 4 bushels of oranges.

Question

Refer to the information provided in Table 18.1 below to answer the questions that follow.
Table 18.1 
-Refer to Table 18.1. In Guatemala, the opportunity cost of 1 bushel of bananas is
A) 1/2 bushel of oranges. 
B) 1 bushels of oranges. 
C) 2 bushel of oranges. 
D) 4 bushels of oranges.

Quizplus · Accepted Answer

In Guatemala, the opportunity cost of 1 bushel of bananas is 1/2 bushel of oranges.

Refer to the Information Provided in Table 18