Question

Suppose an American worker can make 50 pairs of gloves or grow 300 radishes per day. On the other hand, a Bangladeshi worker can produce 100 pairs of gloves or grow 200 radishes per day. The opportunity cost of one pair of gloves is_

Answer 1

Answer:

The answer is  6 radishes in America and 2 radishes in Bangladesh

Explanation:

opportunity cost in America = 50: 300 = 1:6

Opportunity cost in Bangladesh = 100:200= 1:2