The following is the Production possibilities tables for two countries, Latalia and Trombonia: Latalia's production possibilities Refer to the above tables.In Latalia the domestic real cost of 1 ton of pork:

Question

The following is the Production possibilities tables for two countries, Latalia and Trombonia: Latalia's production possibilities  Refer to the above tables.In Latalia the domestic real cost of 1 ton of pork:

Quizplus · Accepted Answer

According to the production possibilities table for Latalia, the opportunity cost of producing 1 ton of pork is 5 tons of beans, which means that Latalia can produce 1 ton of pork by sacrificing the production of 5 tons of beans. Therefore, the domestic real cost of 1 ton of pork in Latalia is 5 tons of beans.

The Following Is the Production Possibilities Tables for Two Countries