Refer to the above table. Assuming that opportunity costs are constant, the opportunity cost of producing a bicycle in the United States is equal to and the opportunity cost of producing a bicycle in China is O A. 0 25 computer; 2 computers O B. 0.375 computer; 3 bicycles OC. 4 computers; 0.5 computer O D. 267 bicycles; 0 33 computers

Refer to the above table. Assuming that opportunity costs are constant, the opportunity cost of producing a bicycle in the United States is equal to and the opportunity cost of producing a bicycle in China is O A. 0 25 computer; 2 computers O B. 0.375 computer; 3 bicycles OC. 4 computers; 0.5 computer O D. 267 bicycles; 0 33 computers

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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