Figure 2-14 Consider the production possibilities curve for a country that can produce sweaters,apples (in bushels),or a combination of the two.
-Refer to Figure 2-14.The bowed outward shape of the production possibilities curve indicates that opportunity cost of apples in terms of sweaters is

Question

Figure 2-14  Consider the production possibilities curve for a country that can produce sweaters,apples (in bushels),or a combination of the two.
-Refer to Figure 2-14.The bowed outward shape of the production possibilities curve indicates that opportunity cost of apples in terms of sweaters is

Quizplus · Accepted Answer

The Answer of Figure 2-14  Consider the production possibilities curve for a country that can produce sweaters,apples (in bushels),or a combination of the two.
-Refer to Figure 2-14.The bowed outward shape of the production possibilities curve indicates that opportunity cost of apples in terms of sweaters is

Figure 2-14 Consider the Production Possibilities Curve for a Country