Multiple Choice
-The figure above shows Fredaʹs PPF. Freda currently produces 10 packets of fudge and no cookies. If Freda decides to produce 1 packet of cookies, her opportunity cost of the packet of cookies is____________of fudge.
A) 1/2 packet
B) 0 packets
C) 1 packet
D) 2 packets
Correct Answer:
Verified
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