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

Question 113

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 kilogram of cashews 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 kilogram of cashews in Indonesia? A) 3/8 of a bolt of cotton B) 5/8 of a bolt of cotton C) 2 2/3 bolts of cotton D) 320 bolts of cotton
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 kilogram of cashews in Indonesia?


A) 3/8 of a bolt of cotton
B) 5/8 of a bolt of cotton
C) 2 2/3 bolts of cotton
D) 320 bolts of cotton

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