Question 39 and 40 are based on the table below:
The international production set for Nigeria and Austria is:
(begin{array}{c|c}
Products & Nigeria & Austria \
hline
Cocoa & 20 text{tonnes} & 12 text{tonnes}\
hline
Lace & 10 text{meters} & 8 text{meters} \
end{array})
The opportunity cost ratio for cocoa and lace for Austria and Nigeria is
The international production set for Nigeria and Austria is:
(begin{array}{c|c}
Products & Nigeria & Austria \
hline
Cocoa & 20 text{tonnes} & 12 text{tonnes}\
hline
Lace & 10 text{meters} & 8 text{meters} \
end{array})
The opportunity cost ratio for cocoa and lace for Austria and Nigeria is
-
A.
2,2 -
B.
2,1.5 -
C.
1.5,4 -
D.
1.5,2 -
E.
0.5,1.5