Multiple Choice
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The table above gives the production possibilities frontier for two countries, Anaconda and Bear.
The opportunity cost of moving from production point B to production point C for Anaconda Equals ------------- and for Bear equals------------- .
A) 100 pairs of shoes; 200 pairs of shoes
B) 50 pairs of shoes; 100 pairs of shoes
C) 1 ton of corn; 1 ton of corn
D) 550 pairs of shoes; 700 pairs of shoes
E) 650 pairs of shoes; 900 pairs of shoes
Correct Answer:
Verified
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