32

Question 32 Labor Hours Needed to Make 1 Unit of Number of Units Produced in 40 Hours Com Beans Com Beans US 2 5 20 8 Mexico 4 2 10 20 The opportunity cost of producing beans in the U.S. is O 2.5 units of corn. This is higher than Mexico's opportunity cost of producing beans. O 2/5 units of corn. This is higher than Mexico's opportunity cost of producing beans. 2.5 units of corn. This is lower than Mexico's opportunity cost of producing beans. O 2/5 units of corn. This is lower than Mexico's opportunity cost of producing beans