Hours to Produce One Liquid Unit worker hours worker hours additional worker hours to produce to produce to produce wine olive oil wine instead of olive oil 2. MI? 45 ? Greece France Italy a 8 Given the data in the chart above, which of the following trade scenarios is the most efficient? (4 points) France produces olive oil; Greece and Italy produce wine.

Greece and Italy produce olive oil; France produces wine.

Greece and France produce olive oil; Italy produces wine.

Italy produces olive oil; France and Greece produce wine.​

the correct answer is “opportunity cost”. opportunity cost is what a company misses out because it decided in one option over another one. in this case, the company decided to invest in building a factory so it gave up another possible benefit or profit in order to achieve success with the factory.  

trade-off is not the correct answer since it is a situation in which you accept losing something in return for benefits in other areas.

and finally, consequence is a general term used to accept what it comes when you make a decision. it can be a positive or negative consequence depending if the decision you took was the correct one.  

i don't think it's c or d. i think it's either a or b.

hope this .