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

Question 3

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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 meat? A)    \frac{3}{4}  pound of vegetables  B)    1 \frac{1}{3}  pounds of vegetables  C)  1.6 pounds of vegetables  D)  16 pounds of vegetables 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 meat?


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

B) 113 1 \frac{1}{3} pounds of vegetables

C) 1.6 pounds of vegetables

D) 16 pounds of vegetables

Correct Answer:

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