The figure below shows the production possibilities curve for the island of Genovia: The opportunity cost of producing a car in Genovia is:
A)5,000 tons of agricultural products.
B)500 tons of agricultural products.
C)5 tons of agricultural products.
D)50 tons of agricultural products.

Question

The figure below shows the production possibilities curve for the island of Genovia:  The opportunity cost of producing a car in Genovia is:
A)5,000 tons of agricultural products. 
B)500 tons of agricultural products. 
C)5 tons of agricultural products. 
D)50 tons of agricultural products.

Quizplus · Accepted Answer

The Answer of The figure below shows the production possibilities curve for the island of Genovia:  The opportunity cost of producing a car in Genovia is:
A)5,000 tons of agricultural products. 
B)500 tons of agricultural products. 
C)5 tons of agricultural products. 
D)50 tons of agricultural products.

The Figure Below Shows the Production Possibilities Curve for the Island