Figure 2.2
Figure 2.2 above shows the production possibilities frontier for Atikamekw Cree (ca.1600) with a historical tradition of fishing and farming.Assume they produce two goods: fish and grains.
Alt text for Figure 2.2: In figure 2.2, a graph compares production of grains and fish.
Long description for Figure 2.2: The x-axis is labelled, grains in kilograms, and the y-axis is labelled, fish in kilograms.The x-axis is marked from 0 to 180, in increments of 20.The y-axis is marked from 0 to 140, in increments of 20.A line slopes down from the point 0, 120 to the point 160, 0.
-Refer to Figure 2.2.What is the opportunity cost of one kilogram of grain?
A)
kilograms of fish
B) 1) 2 kilograms of fish
C)
kilograms of fish
D) 12 kilograms of fish
Correct Answer:
Verified