Answer the next question on the basis of the following production possibilities data for two countries, Alpha and Beta, which have populations of equal size.
- The domestic opportunity cost of:
A) producing a ton of chips in Alpha is 1/5 of a ton of fish.
B) producing a ton of chips in Beta is 6 tons of fish.
C) catching a ton of fish in Alpha is 5 tons of chips.
D) catching a ton of fish in Beta is 6 tons of chips.
Correct Answer:
Verified
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A)
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