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Other Fields Homework Help Economics Topic started by: barmour44 on Feb 24, 2019



Title: Figure 2-8 above shows the production possibilities frontier for Vidalia, a nation that ...
Post by: barmour44 on Feb 24, 2019

Question 1.

Figure 2-8



Figure 2-8 above shows the production possibilities frontier for Vidalia, a nation that produces two goods, roses and orchids.


Refer to Figure 2-8. What is the opportunity cost of 80 dozen orchids?

• 0 roses

• 2.5 dozen roses

• 40 dozen roses

• 200 dozen roses

Question 2.

Figure 2-8



Figure 2-8 above shows the production possibilities frontier for Vidalia, a nation that produces two goods, roses and orchids.


Refer to Figure 2-8. What is the opportunity cost of 100 dozen roses?

• 0.8 dozen orchids

• 5 dozen orchids

• 40 dozen orchids

• 80 dozen orchids


Title: -8Figure 2-8 above shows the production possibilities frontier for Vidalia, a nation that ...
Post by: wasan on Feb 24, 2019
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Title: -8Figure 2-8 above shows the production possibilities frontier for Vidalia, a nation that ...
Post by: barmour44 on Feb 24, 2019
Helps a lot... Now I'm ready for my quiz