France and England both produce wine and cloth under conditions of constant opportunity costs. France will hav?!
A) it can produce more wine than England.
B) its labor productivity in wine production is greater than England's.
C) the absolute cost of producing wine is lower in France than in England.
D) the opportunity cost of wine production is lower in France than in England.
B) its labor productivity in wine production is greater than England's.
C) the absolute cost of producing wine is lower in France than in England.
D) the opportunity cost of wine production is lower in France than in England.
Answers:
Best Answer - Chosen by Voters
D) the opportunity cost of wine production is lower in France than in England.