Figure 3-21
Uzbekistan's Production Possibilities Frontier
Azerbaijan's Production Possibilities Frontier
-Refer to Figure 3-21.Azerbaijan's opportunity cost of one bolt is
A)1/4 nail and Uzbekistan's opportunity cost of one bolt is 1/2 nail.
B)1/4 nail and Uzbekistan's opportunity cost of one bolt is 2 nails.
C)4 nails and Uzbekistan's opportunity cost of one bolt is 1/2 nail.
D)4 nails and Uzbekistan's opportunity cost of one bolt is 2 nails.

Question

Figure 3-21
Uzbekistan's Production Possibilities Frontier
Azerbaijan's Production Possibilities Frontier  
-Refer to Figure 3-21.Azerbaijan's opportunity cost of one bolt is
A)1/4 nail and Uzbekistan's opportunity cost of one bolt is 1/2 nail. 
B)1/4 nail and Uzbekistan's opportunity cost of one bolt is 2 nails. 
C)4 nails and Uzbekistan's opportunity cost of one bolt is 1/2 nail. 
D)4 nails and Uzbekistan's opportunity cost of one bolt is 2 nails.

Quizplus · Accepted Answer

The Answer of Figure 3-21
Uzbekistan's Production Possibilities Frontier
Azerbaijan's Production Possibilities Frontier  
-Refer to Figure 3-21.Azerbaijan's opportunity cost of one bolt is
A)1/4 nail and Uzbekistan's opportunity cost of one bolt is 1/2 nail. 
B)1/4 nail and Uzbekistan's opportunity cost of one bolt is 2 nails. 
C)4 nails and Uzbekistan's opportunity cost of one bolt is 1/2 nail. 
D)4 nails and Uzbekistan's opportunity cost of one bolt is 2 nails.

Figure 3-21 Uzbekistan's Production Possibilities Frontier