Multiple Choice
Table 16.1
Table 16.1 shows the quantities of cookies and coffee that can be produced with the full amount of resources available in each of two countries, Alpha and Beta.
-Refer to Table 16.1. The table shows the production possibilities of cookies and coffee in Alpha and Beta measured in tons. In Beta the domestic cost of 1 ton of cookies
A) is 3 tons of coffee.
B) is 5 tons of coffee.
C) is 6 tons of coffee.
D) changes with the combinations of goods produced.
Correct Answer:
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