Multiple Choice
Consider the production possibilities frontier displayed in the figure shown. The opportunity cost of a bushel of apples is:
A) 3/20 watermelons.
B) 1/20 watermelons.
C) 1/40 watermelons.
D) 1/30 watermelons.
Correct Answer:
Verified
Related Questions
Q6: The invisible hand refers to the coordination
Q7: When an economist says that a country