Answer:
The correct option is B) the opportunity cost of producing a bushel of wheat is lower for Canada than it is for the U.S.
Explanation:
In economics, opportunity cost can be described as choosing an option from alternatives . Foe example, if we spend our time watching a movie,we lost our time for reading a book.
If the opportunity cost to produce a product will be lower, that means that the product will be more beneficial. For example, due to certain circumstances the opportunity cost of producing a bushel of what is lower as compared to that of U.S. Hence, Canada will have comparative advantage when compared with U.S.
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Production of cash crops, such as sugar and coffee </span>
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<span>He created a compromise to give equal status to Austria and Hungary.</span>
