Refer to Table 20.1. The opportunity cost of producing a bushel of oranges in Mexico is

A) twice as much as that in Guatemala.
B) half as much as that in Guatemala.
C) the same as that in Guatemala.
D) four times as much as that in Guatemala.

Opportunity Cost

The importance of the best alternative sacrifice due to choosing a particular path.

Bushel

A unit of volume that is used for measuring agricultural products such as grains, with the exact size varying by commodity and country.

Oranges

A citrus fruit commonly consumed fresh or processed for its juice, known for its rich vitamin C content.