-The above figure shows the production possibility frontier for a country.Suppose the country is producing at point A.What would be the opportunity cost to increase the production of rice to 12 tons?
A) 6 thousand bottles of wine
B) 15 thousand bottles of wine
C) 9 thousand bottles of wine
D) 6 tons of rice
E) Nothing, it is a free lunch.

Question

-The above figure shows the production possibility frontier for a country.Suppose the country is producing at point A.What would be the opportunity cost to increase the production of rice to 12 tons?
A) 6 thousand bottles of wine 
B) 15 thousand bottles of wine 
C) 9 thousand bottles of wine 
D) 6 tons of rice 
E) Nothing, it is a free lunch.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the production possibility frontier for a country.Suppose the country is producing at point A.What would be the opportunity cost to increase the production of rice to 12 tons?
A) 6 thousand bottles of wine 
B) 15 thousand bottles of wine 
C) 9 thousand bottles of wine 
D) 6 tons of rice 
E) Nothing, it is a free lunch.

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