Figure 2.1. Production Possibilities Frontier
-Referring to Figure 2.1, the relative cost of aluminum in terms of steel is
A) 4.0 tons.
B) 2.0 tons.
C) 0.5 tons.
D) 0.25 tons.

Question

Figure 2.1. Production Possibilities Frontier  
-Referring to Figure 2.1, the relative cost of aluminum in terms of steel is
A) 4.0 tons. 
B) 2.0 tons. 
C) 0.5 tons. 
D) 0.25 tons.

Quizplus · Accepted Answer

The Answer of Figure 2.1. Production Possibilities Frontier  
-Referring to Figure 2.1, the relative cost of aluminum in terms of steel is
A) 4.0 tons. 
B) 2.0 tons. 
C) 0.5 tons. 
D) 0.25 tons.