Use the following to answer questions :
-(Table: The Production Possibilities for Tractors and Crude Oil) Look at the table The Production Possibilities for Tractors and Crude Oil. In the United States the opportunity cost of producing 30,000 barrels of crude oil is _____ tractors.

Question

Use the following to answer questions : 
-(Table: The Production Possibilities for Tractors and Crude Oil) Look at the table The Production Possibilities for Tractors and Crude Oil. In the United States the opportunity cost of producing 30,000 barrels of crude oil is _____ tractors.

Quizplus · Accepted Answer

The opportunity cost of producing 30,000 barrels of crude oil is 60 tractors, as indicated by the production possibilities table.

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