Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium) According to the table on Production Possibilities for Italy and Belgium, the opportunity cost of 1 pound of linen for Italy is:
A) 10 pounds of pasta.
B) 1/4 pound of pasta
C) 4 pounds of pasta
D) 2 1/2 pounds of pasta

Question

Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium) According to the table on Production Possibilities for Italy and Belgium, the opportunity cost of 1 pound of linen for Italy is:
A) 10 pounds of pasta. 
B) 1/4 pound of pasta 
C) 4 pounds of pasta 
D) 2 1/2 pounds of pasta

Quizplus · Accepted Answer

The Answer of  Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium) According to the table on Production Possibilities for Italy and Belgium, the opportunity cost of 1 pound of linen for Italy is:
A) 10 pounds of pasta. 
B) 1/4 pound of pasta 
C) 4 pounds of pasta 
D) 2 1/2 pounds of pasta