The following production possibilities schedule shows the quantities of soybeans and oil that can be produced...

 

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The following production possibilities schedule shows the quantities of soybeans and oil that can be produced in Canada and Mexico with one unit of equivalent resources. The opportunity cost of a barrel of oil in Canada is OA. 1.43 barrels of oil. OB. 2.95 bushels of soybeans. O C. 5.9 bushels of soybeans. O D. 16.95 bushels of soybeans. O E. 0.7 barrels of oil. Canada Mexico Soybeans (bushels) 59 20 Oil (barrels) 10 7 The following production possibilities schedule shows the quantities of soybeans and oil that can be produced in Canada and Mexico with one unit of equivalent resources. The opportunity cost of a barrel of oil in Canada is OA. 1.43 barrels of oil. OB. 2.95 bushels of soybeans. O C. 5.9 bushels of soybeans. O D. 16.95 bushels of soybeans. O E. 0.7 barrels of oil. Canada Mexico Soybeans (bushels) 59 20 Oil (barrels) 10 7

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C 59 bushel of soya bean Explanation The quantity of goods a country can prod... View the full answer