Figure 3-16
Hosne's Production Possibilities Frontier
Merve's Production Possibilities Frontier
-Refer to Figure 3-16.Hosne's opportunity cost of one wallet is
A)4/5 purse and Merve's opportunity cost of one wallet is 2/3 purse.
B)4/5 purse and Merve's opportunity cost of one wallet is 3/2 purses.
C)5/4 purses and Merve's opportunity cost of one wallet is 2/3 purse.
D)5/4 purses and Merve's opportunity cost of one wallet is 3/2 purses.

Question

Figure 3-16
Hosne's Production Possibilities Frontier
Merve's Production Possibilities Frontier  
-Refer to Figure 3-16.Hosne's opportunity cost of one wallet is
A)4/5 purse and Merve's opportunity cost of one wallet is 2/3 purse. 
B)4/5 purse and Merve's opportunity cost of one wallet is 3/2 purses. 
C)5/4 purses and Merve's opportunity cost of one wallet is 2/3 purse. 
D)5/4 purses and Merve's opportunity cost of one wallet is 3/2 purses.

Quizplus · Accepted Answer

The Answer of Figure 3-16
Hosne's Production Possibilities Frontier
Merve's Production Possibilities Frontier  
-Refer to Figure 3-16.Hosne's opportunity cost of one wallet is
A)4/5 purse and Merve's opportunity cost of one wallet is 2/3 purse. 
B)4/5 purse and Merve's opportunity cost of one wallet is 3/2 purses. 
C)5/4 purses and Merve's opportunity cost of one wallet is 2/3 purse. 
D)5/4 purses and Merve's opportunity cost of one wallet is 3/2 purses.

Figure 3-16 Hosne's Production Possibilities Frontier