Exhibit 15-1 Production possibilities curves
In Exhibit 15-1, the production possibilities curves of wheat and corn for Nabia and Pada are presented. In Pada the cost of producing one more unit of corn is equal to:
A) 3 units of wheat.
B) 3 units of corn.
C) 1\3 unit of wheat.
D) 15 units of wheat.
E) 30 units of wheat.
Correct Answer:
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