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Figure 2.7 Figure 2.7 Shows the Production Possibility Frontiers for Pakistan and Possibility

Question 119

Multiple Choice
Figure 2.7
  
Figure 2.7 shows the production possibility 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 bolt of cotton in Indonesia?

Figure 2.7
Figure 2.7     Figure 2.7 shows the production possibility 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 bolt of cotton in Indonesia? A) 3/8 of a kilogram of cashews B) 5/8 of a kilogram of cashews C) 2 2/3 kilograms of cashews D) 120 kilograms of cashews
Figure 2.7 shows the production possibility 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 bolt of cotton in Indonesia?


A) 3/8 of a kilogram of cashews
B) 5/8 of a kilogram of cashews
C) 2 2/3 kilograms of cashews
D) 120 kilograms of cashews

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