Maximum Feasible Hourly Production Rates (in Tons) of EitherWine or Beef Using All Available ResourcesProductArgentinaFranceWine (gallons)3060Beef (pounds)1030Use the above table. Assuming constant opportunity costs, the opportunity cost of producing a pound of beef in Argentina is

A. 2 gallons of wine.
B. 0.33 gallons of wine.
C. 0.5 gallons of wine.
D. 3 gallons of wine.


Answer: D

Economics

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