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Figure 2-2 Above Shows the Production Possibilities Frontier for Mendonca 34 \frac{3}{4}

Question 2

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   Figure 2-2 above shows the production possibilities frontier for Mendonca, an agrarian nation that produces two goods, meat and vegetables. -Refer to Figure 2-2. What is the opportunity cost of one pound of vegetables? A)    \frac{3}{4}  pound of meat  B)  1.2 pounds of meat  C)    1 \frac{1}{3}  pounds of meat  D)  12 pounds of meat Figure 2-2 above shows the production possibilities frontier for Mendonca, an agrarian nation that produces two goods, meat and vegetables.
-Refer to Figure 2-2. What is the opportunity cost of one pound of vegetables?


A) 34 \frac{3}{4} pound of meat

B) 1.2 pounds of meat

C) 113 1 \frac{1}{3} pounds of meat

D) 12 pounds of meat

Correct Answer:

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