Multiple Choice
Production possibilities tables for two countries, North Cantina and South Cantina: North Cantina
Production possibilities (alternatives) South Cantina
Production possibilities (alternatives) Refer to the above tables.The opportunity cost of the fifth unit of capital goods:
A) is higher in North Cantina than in South Cantina.
B) is the same in North Cantina and South Cantina.
C) is lower in North Cantina than in South Cantina.
D) cannot be determined from the information provided.
Correct Answer:
Verified
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