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Exhibit 15-2 Production Possibilities Curves for U

Question 18

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Exhibit 15-2 Production possibilities curves for U.S. and Mexico Exhibit 15-2 Production possibilities curves for U.S. and Mexico   -As shown in Exhibit 15-2, in Mexico, producing 1 additional ton of wheat costs: A)  1/2 ton of cloth. B)  2/3 ton of cloth. C)  1 ton of cloth. D)  1 1/2 tons of cloth.
-As shown in Exhibit 15-2, in Mexico, producing 1 additional ton of wheat costs:


A) 1/2 ton of cloth.
B) 2/3 ton of cloth.
C) 1 ton of cloth.
D) 1 1/2 tons of cloth.

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