-The above figure shows the production possibility frontier for a country. What is the opportunity cost per ton of rice to move from point B to point D?
A) 1000 bottles of wine
B) 500 bottles of wine
C) 2 bottles of wine
D) ½ of a bottle of wine
E) None of the above answers are correct.

Question

-The above figure shows the production possibility frontier for a country. What is the opportunity cost per ton of rice to move from point B to point D?
A) 1000 bottles of wine 
B) 500 bottles of wine 
C) 2 bottles of wine 
D) ½ of a bottle of wine 
E) None of the above answers are correct.

Quizplus · Accepted Answer

The opportunity cost is calculated by the decrease in wine production divided by the increase in rice production when moving from point B to point D.

-The Above Figure Shows the Production Possibility Frontier for a Country