-The figure above shows the production possibilities frontier for a country.The opportunity cost of a gallon of milk between combination point A and B is
A) 4 gallons of ice cream for a gallon of milk.
B) 3 gallons of ice cream for a gallon of milk.
C) 1 gallon of ice cream for a gallon of milk.
D) 1/3 of a gallon of ice cream for a gallon of milk.
E) zero because at point A zero milk is being produced.

Question

-The figure above shows the production possibilities frontier for a country.The opportunity cost of a gallon of milk between combination point A and B is
A) 4 gallons of ice cream for a gallon of milk. 
B) 3 gallons of ice cream for a gallon of milk. 
C) 1 gallon of ice cream for a gallon of milk. 
D) 1/3 of a gallon of ice cream for a gallon of milk. 
E) zero because at point A zero milk is being produced.

Quizplus · Accepted Answer

The Answer of 
-The figure above shows the production possibilities frontier for a country.The opportunity cost of a gallon of milk between combination point A and B is
A) 4 gallons of ice cream for a gallon of milk. 
B) 3 gallons of ice cream for a gallon of milk. 
C) 1 gallon of ice cream for a gallon of milk. 
D) 1/3 of a gallon of ice cream for a gallon of milk. 
E) zero because at point A zero milk is being produced.

-The Figure Above Shows the Production Possibilities Frontier for a Country.The