Solved

If Farmer Sam MacDonald Can Produce 200 Pounds of Cabbages

Question 74

Essay

If Farmer Sam MacDonald can produce 200 pounds of cabbages and no potatoes or no cabbages and 100 pounds of potatoes and if he faces a linear production possibility frontier for his farm, the opportunity cost of producing an additional pound of potatoes is ________
pound(s) of cabbage.
A.1/2
B.2
C.100
D.200

Correct Answer:

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