Question 1
Refer to the information provided in Figure 33.1 below to answer the question(s) that follow.
Refer to Figure 33.1. The opportunity cost of producing a bushel of alfalfa in the United States is
◦ twice as much as that in Canada.
◦ half as much as that in Canada.
◦ the same as that in Canada.
◦ four times as much as that in Canada.
Question 2
Refer to the information provided in Figure 33.1 below to answer the question(s) that follow.
Refer to Figure 33.1. The opportunity cost of producing a bushel of alfalfa in the United States is
◦ half a bushel of soybeans.
◦ 1 bushel of soybeans.
◦ 2 bushels of soybeans.
◦ 300 bushels of soybeans.