Multiple Choice
Figure 2-10
Figure 2-10 shows the production possibilities frontiers for Tahiti and Bora Bora. Each country produces two goods, milk and honey.
-Refer to Figure 2-10.What is the opportunity cost of producing one gallon of milk in Bora Bora?
A) 2/3 gallon of honey
B) 0.8 gallon of honey
C) 1.125 gallons of honey
D) 1.5 gallons of honey
Correct Answer:
Verified
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