Suppose the United States can produce 500 cars or 500 trucks. England can produce either 500 cars or 250 trucks. The opportunity cost of producing 1 car in England is:
A. 1 truck.
B. 2 trucks.
C. 1/2 of a truck.
D. 1/4 of a truck.
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Home » Business » Suppose the United States can produce 500 cars or 500 trucks. England can produce either 500 cars or 250 trucks. The opportunity cost of producing 1 car in England is: A. 1 truck. B. 2 trucks. C. 1/2 of a truck. D. 1/4 of a truck.