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  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 3: The Economic Problem
  5. Question
    Moving Between Two Points on a PPF, a Country Gains
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Moving Between Two Points on a PPF, a Country Gains

Question 3

Question 3

Multiple Choice

Moving between two points on a PPF, a country gains 6 cars and forgoes 3 trucks. The opportunity cost of 1 car is


A) 1/2 of a truck.
B) 2 trucks.
C) 3 trucks.
D) 6 cars - 3 trucks.
E) 1 car.

Correct Answer:

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