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:
Verified
Q69: Figure: Production Possibility Frontier
(Figure: Production Possibility Frontier)
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(Figure: Production Possibility Frontier)
Q71: Figure: Production Possibility Frontier
(Figure: Production Possibility Frontier)
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(Figure: Wine and Wheat)