Question 1
Refer to the information provided in Table 33.5 below to answer the question(s) that follow. Cashews are measured in bushels and tea is measured in pounds (lbs.)
Refer to Table 33.5. In India, the opportunity cost of
◦ a bushel of cashews is 6 lbs. of tea.
◦ a lb. of tea is 1/6 of a bushel of cashews.
◦ a bushel of cashews is 5 lbs. of tea.
◦ a lb. of tea is 1/5 of a bushel of cashews.
Question 2
Refer to the information provided in Table 33.5 below to answer the question(s) that follow. Cashews are measured in bushels and tea is measured in pounds (lbs.)
Refer to Table 33.5. In Vietnam, the opportunity cost of
◦ a lb. of tea is 2/15 of a bushel of cashews.
◦ a lb. of tea is 1/8 of a bushel of cashews.
◦ a lb. of tea is 40 bushels of cashews.
◦ a bushel of cashews is 4/3 of a lb. of tea.
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