Multiple Choice
Figure 3-9
-Refer to Figure 3-9.Azerbaijan's opportunity cost of one bolt is
A) 1/4 nail and Uzbekistan's opportunity cost of one bolt is 1/2 nail.
B) 1/4 nail and Uzbekistan's opportunity cost of one bolt is 2 nails.
C) 4 nails and Uzbekistan's opportunity cost of one bolt is 1/2 nail.
D) 4 nails and Uzbekistan's opportunity cost of one bolt is 2 nails.
Correct Answer:
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