Use the table below to answer the question below;
The international production set for Nigeria and Austria is;
The Opportunity cost ratio for cocoa and lace Tor Austria and Nigeria is ____________
The international production set for Nigeria and Austria is;
| Products | Nigeria | Austria |
| Cocoa | 20 tonnes | 12 tonnes |
| Lace | 1o metres | 8 metres |
The Opportunity cost ratio for cocoa and lace Tor Austria and Nigeria is ____________
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Correct Answer: Option A
Explanation: