Consider the following information: the marginal products of labor for the US in producing Cars and Wheat are 12 and 9, respectively. Given the information above, US's opportunity cost of producing cars is: A. 0.50 wheat  B. 1.33 cars  C. 0.75 wheat  D. 1.33 wheat

Economics: Private and Public Choice (MindTap Course List)
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Chapter25: The Supply Of And Demand For Productive Resources
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Consider the following information: the marginal products of labor for the US in producing Cars and Wheat are 12 and 9, respectively.

Given the information above, US's opportunity cost of producing cars is:

A. 0.50 wheat 

B. 1.33 cars 

C. 0.75 wheat 

D. 1.33 wheat 

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