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The above figure shows the production possibility frontier for a country. Suppose the country is producing at point A. What would be the opportunity cost to increase the production of rice to 12 tons?
A)15 thousand bottles of wine
B)6 tons of rice
C)9 thousand bottles of wine
D)6 thousand bottles of wine
E)Nothing, it is a free lunch

Question

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The above figure shows the production possibility frontier for a country. Suppose the country is producing at point A. What would be the opportunity cost to increase the production of rice to 12 tons?
A)15 thousand bottles of wine 
B)6 tons of rice 
C)9 thousand bottles of wine 
D)6 thousand bottles of wine 
E)Nothing, it is a free lunch

Quizplus · Accepted Answer

The Answer of 
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The above figure shows the production possibility frontier for a country. Suppose the country is producing at point A. What would be the opportunity cost to increase the production of rice to 12 tons?
A)15 thousand bottles of wine 
B)6 tons of rice 
C)9 thousand bottles of wine 
D)6 thousand bottles of wine 
E)Nothing, it is a free lunch

- the Above Figure Shows the Production Possibility Frontier for a a Country