In Ivory Coast, the opportunity cost of producing 1 tonne of coffee is 2 tonnes of cocoa, while in Ghana, the opportunity cost of producing 2 tonnes of coffee is 3 tonnese cocoa. What action would leave both countries better off? O a. Ghana sells 4 tonnes of coffee to Ivory Coast in return for 4 tonnes of cocoa. O b. Ivory Coast sells 4 tonnes of coffee to Ghana in retum for 7 tornes of cocoa. O . Ghana sells 4 tonnes of coffee to Ivory Coast in return for 7 tonnes of cocoa. O d. Ivory Coast sells 4 tonnes of coffee to Ghana in returm for 10 tonnes of cocoa.
In Ivory Coast, the opportunity cost of producing 1 tonne of coffee is 2 tonnes of cocoa, while in Ghana, the opportunity cost of producing 2 tonnes of coffee is 3 tonnese cocoa. What action would leave both countries better off? O a. Ghana sells 4 tonnes of coffee to Ivory Coast in return for 4 tonnes of cocoa. O b. Ivory Coast sells 4 tonnes of coffee to Ghana in retum for 7 tornes of cocoa. O . Ghana sells 4 tonnes of coffee to Ivory Coast in return for 7 tonnes of cocoa. O d. Ivory Coast sells 4 tonnes of coffee to Ghana in returm for 10 tonnes of cocoa.
Chapter1: Making Economics Decisions
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
Transcribed Image Text:In Ivory Coast, the opportunity cost of producing 1 tonne of coffee is 2 tonnes of cocoa, while in Ghana, the opportunity cost of producing 2 tonnes of coffee is 3 tonnes of cocoa. What action would leave both countries better off?
O a. Ghana sells 4 tonnes of coffee to Ivory Coast in return for 4 tonnes of cocoa.
O b. Ivory Coast sells 4 tonnes of coffee to Ghana in return for 7 tormes of cocoa.
O . Ghana sells 4 tonnes of coffee to Ivory Coast in return for 7 tonnes of cocoa.
O d. Ivory Coast sells 4 tonnes of coffee to Ghana in retum for 10 tonnes of cocoa.
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