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Production Possibility Schedules for Two South Pacific Island Nations In Tuvalu, the Opportunity Cost of Producing One Coconut (In

Question 35

Multiple Choice

Production Possibility Schedules for Two South Pacific Island Nations  Kiribati  Tuvalu  Mangues  Cocanuts  Mangues  Cacanuts 30001,20002004008001,2001008004002,40001,20003,600\begin{array} { c } { \text { Kiribati } } \quad\quad\quad\quad\quad\quad\quad{ \text { Tuvalu } } \\\begin{array} { | c | c | c | c | } \hline \text { Mangues } & \text { Cocanuts } & \text { Mangues } & \text { Cacanuts } \\\hline 300 & 0 & 1,200 & 0 \\\hline 200 & 400 & 800 & 1,200 \\\hline 100 & 800 & 400 & 2,400 \\\hline 0 & 1,200 & 0 & 3,600 \\\hline\end{array}\end{array} In Tuvalu, the opportunity cost of producing one coconut (in terms of mangoes) is:


A) 0.
B) 1/3.
C) 3.
D) 400.

Correct Answer:

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