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Figure 2-13 Figure 2-13 Shows the Production Possibilities Frontiers

Question 234

Multiple Choice

Figure 2-13 Figure 2-13 Figure 2-13 shows the production possibilities frontiers for Tahiti and Bora Bora. Each country produces two goods, milk and honey. -Refer to Figure 2-13. What is the opportunity cost of producing one gallon of honey in Bora Bora? A) 2/3 gallon of milk B) 0.9 gallon of milk C) 1 1/3 gallons of milk D) 1.5 gallons of milk Figure 2-13 shows the production possibilities frontiers for Tahiti and Bora Bora. Each country produces two goods, milk and honey.
-Refer to Figure 2-13. What is the opportunity cost of producing one gallon of honey in Bora Bora?


A) 2/3 gallon of milk
B) 0.9 gallon of milk
C) 1 1/3 gallons of milk
D) 1.5 gallons of milk

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