Figure 3-5 The graph below represents the various combinations of cars and corn that Country A could produce in a given month. (On the vertical axis, corn is measured in bushels.)
-Refer to Figure 3-5.Suppose Country A decides to increase its production of corn by three bushels.What is the opportunity cost of this decision?
A) one-sixth of a car
B) one-eighth of a car
C) one-tenth of a car
D) one-twelfth of a car
Correct Answer:
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