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Figure 2-2 -Assume That U.S.agricultural Land Is Used Either to Raise Cattle

Question 8

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Figure 2-2
Figure 2-2 -Assume that U.S.agricultural land is used either to raise cattle for beef or to grow wheat.Figure 2-2 represents the production possibility frontier for beef and wheat.The opportunity cost of moving from point G to point F equals A) 0.25 million bushels of wheat B) 1.75 million bushels of wheat C) 0.125 bushels of wheat D) 8 bushels of wheat E) 2 bushels of wheat
-Assume that U.S.agricultural land is used either to raise cattle for beef or to grow wheat.Figure 2-2 represents the production possibility frontier for beef and wheat.The opportunity cost of moving from point G to point F equals


A) 0.25 million bushels of wheat
B) 1.75 million bushels of wheat
C) 0.125 bushels of wheat
D) 8 bushels of wheat
E) 2 bushels of wheat

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