【单选题】The table given below shows the units of land and labor required to produce a unit of bread and cheese respectively in country X. Identify the correct statement. 1 unit of Bread 1 unit of Cheese L...
A.
Production of bread is relatively labor-intensive in the country.
B.
Production of bread is relatively land-intensive in the country.
C.
The opportunity cost of producing an extra unit of bread is 2 units of cheese.
D.
The domestic price ratio in the country is 2 units of bread per unit of cheese.
【单选题】The following input-requirements data are for country A, a capital-abundant country where they produce nothing but bread and wine using only capital and labor as inputs. 1 pound of bread 1 gallon of w...
【单选题】The table given below shows the units of land and labor required to produce a unit of bread and cheese respectively in country X. Identify the correct statement. 1 unit of Bread 1 unit of Cheese Labor...