Figure 2-7

Figure 2-7 shows the production possibilities frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews.
-Refer to Figure 2-7.What is the opportunity cost of producing 1 pound of cashews in Pakistan?

Question

Figure 2-7
  
Figure 2-7 shows the production possibilities frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews.
-Refer to Figure 2-7.What is the opportunity cost of producing 1 pound of cashews in Pakistan?

Quizplus · Accepted Answer

The Answer of Figure 2-7
  
Figure 2-7 shows the production possibilities frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews.
-Refer to Figure 2-7.What is the opportunity cost of producing 1 pound of cashews in Pakistan?

Figure 2-7 Figure 2-7 Shows the Production Possibilities Frontiers for Pakistan and Possibilities