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Figure 2-2

Figure 2-2 Above Shows the Production

Question 7

Multiple Choice

Figure 2-2
Figure 2-2 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) 1131 \frac { 1 } { 3 } pounds of meat
D) 12 pounds of meat

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