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Refer to the Figure Mutually Beneficial Trade II

Question 95

Multiple Choice

Refer to the figure Mutually Beneficial Trade II. The figure shows the production possibility frontier (PPF) for producing tennis rackets and tennis balls in Stewarton and Colberton. The opportunity cost of producing tennis rackets in Colberton is:

Figure: Mutually Beneficial Trade II
Refer to the figure Mutually Beneficial Trade II. The figure shows the production possibility frontier (PPF)  for producing tennis rackets and tennis balls in Stewarton and Colberton. The opportunity cost of producing tennis rackets in Colberton is: ​ Figure: Mutually Beneficial Trade II   A)  one-half tennis ball. B)  one tennis ball. C)  one and one-half tennis balls. D)  two tennis balls.


A) one-half tennis ball.
B) one tennis ball.
C) one and one-half tennis balls.
D) two tennis balls.

Correct Answer:

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