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Figure 2-2
Figure 2-2 Above Shows the Production 34\frac{3}{4}

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 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) 1131 \frac{1}{3} pounds of vegetables
C) 1.6 pounds of vegetables
D) 16 pounds of vegetables

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