Two countries (Sri Lanka and Peru) produce two goods (cloth and fish) according to the following table:

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Question:

Cloth (millions) Fish (millions)

Sri Lanka 22.6 6.7

Peru 22.9 21.9

If 1 PER cloth = y PER fish, then find y (the opportunity cost of cloth in terms of fish for PERU).

Round your answer to two (2) decimal places

Related Book For answer-question

Operations Management Creating Value Along the Supply Chain

ISBN: 978-0470525906

7th Edition

Authors: Roberta S. Russell, Bernard W. Taylor

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Posted Date: Feb 15, 2024 06:08 AM

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Two countries (Sri Lanka and Peru) produce two goods (cloth and fish) according to the following table:

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Operations Management Creating Value Along the Supply Chain

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