Solved

(Figure: Ships and Autos in Countries a and B) Two

Question 30

Multiple Choice

(Figure: Ships and Autos in Countries A and B) Two countries manufacture autos and ships. Based on the graphs, which statement is correct? (Figure: Ships and Autos in Countries A and B)  Two countries manufacture autos and ships. Based on the graphs, which statement is correct?   A)  The opportunity cost in country A of producing 1 ship is 2 cars. B)  The opportunity cost in country B of producing 1 ship is 10 cars. C)  Country B is more efficient in the production of ships. D)  Both countries are equally efficient in the production of ships because the PPFs are linear.


A) The opportunity cost in country A of producing 1 ship is 2 cars.
B) The opportunity cost in country B of producing 1 ship is 10 cars.
C) Country B is more efficient in the production of ships.
D) Both countries are equally efficient in the production of ships because the PPFs are linear.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents