Solved

-What Is the Opportunity Cost of 1 Ton of Apples

Question 47

Multiple Choice

-What is the opportunity cost of 1 ton of apples for the nations of Argentina and Brazil,respectively? A) 4 tons of oranges and 2 tons of oranges B) 2.5 tons of oranges and .4 tons of oranges C) .25 tons of oranges and .5 tons of oranges D) 2 tons of oranges and 4 tons of oranges E) 5 tons of oranges and .25 tons of oranges
-What is the opportunity cost of 1 ton of apples for the nations of Argentina and Brazil,respectively?


A) 4 tons of oranges and 2 tons of oranges
B) 2.5 tons of oranges and .4 tons of oranges
C) .25 tons of oranges and .5 tons of oranges
D) 2 tons of oranges and 4 tons of oranges
E) 5 tons of oranges and .25 tons of oranges

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q42: Statement I: The Japanese drove American TV

Q43: The existence of absolute advantage
A)implies that there

Q44: A nation has a comparative advantage over

Q45:

Q46: A tariff is best described as a
A)tax

Q48: Statement I: One reason why we don't

Q49: A comparative advantage in the production of

Q50: The introduction of a tariff will be

Q51: Frederic Bastiat's,"A Petition From the Candlemakers",presents a

Q52: A balance-of-trade deficit exists if
A)the dollar value

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents