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    Principles of Macroeconomics
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    Exam 3: Interdependence and the Gains From Trade
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    Figure 3-6 These Figures Illustrate the Production Possibilities Available to Barney and Barney
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Figure 3-6 These Figures Illustrate the Production Possibilities Available to Barney and Barney

Question 31

Question 31

Multiple Choice

Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery. Figure 3-6 These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery.   -Refer to Figure 3-6. What is the opportunity cost of one pie for Betty? A)  1/4 loaf of bread B)  3/4 loaf of bread C)  1 loaf of bread D)  4/3 loaves of bread
-Refer to Figure 3-6. What is the opportunity cost of one pie for Betty?


A) 1/4 loaf of bread
B) 3/4 loaf of bread
C) 1 loaf of bread
D) 4/3 loaves of bread

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