Figure 1.13 shows Mendork's production possibility curve for the only two goods that it produces-guns and butter.
-Refer to Figure 1.13 to answer this question. What is the opportunity cost of producing 2 tonnes of butter?
A) 2 guns.
B) 18 guns.
C) 20 guns.
D) The answer cannot be determined from the information given.
Correct Answer:
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