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dwilliams11 dwilliams11
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5 years ago Edited: 5 years ago, bio_man

Question 1.

Figure 2-2



Figure 2-2 above shows the production possibilities frontier for Mendonca, an agrarian nation that produces two goods, meat and vegetables.


Refer to Figure 2-2. What is the opportunity cost of one pound of vegetables?

• pound of meat

• 1.2 pounds of meat

• pounds of meat

• 12 pounds of meat

Question 2.

Figure 2-2



Figure 2-2 above shows the production possibilities frontier for Mendonca, an agrarian nation that produces two goods, meat and vegetables.


Refer to Figure 2-2. What is the opportunity cost of one pound of meat?

• pound of vegetables

• pounds of vegetables

• 1.6 pounds of vegetables

• 16 pounds of vegetables
Textbook 
Microeconomics

Microeconomics


Edition: 7th
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aishasuaishasu
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