Multiple Choice
The table above shows the production possibilities for an economy. The opportunity cost of a loaf of bread is ________ when moving from possibility B to possibility C.
A) 1/2 of a book
B) 1 loaf of bread
C) 200 books
D) 100 loaves of bread
E) 2 books
Correct Answer:

Verified
Correct Answer:
Verified
Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Which of the
Q5: On a production possibilities frontier, 500 kilograms
Q6: The production possibilities frontier is a graph
Q7: Suppose a country operates on its production
Q8: The bowed out (concave) shape of the
Q10: As an economy increasingly specialises in producing
Q11: If the production possibilities frontier between bottled
Q12: For country Gamma, the opportunity cost for
Q13: In terms of a nation's production possibilities
Q14: When all of the available factors of