Multiple Choice
Production possibilities tables for two countries, North Cantina and South Cantina: North Cantina
Production possibilities (alternatives) South Cantina
Production possibilities (alternatives) Refer to the above tables.The opportunity cost of the fifth unit of capital goods:
A) is higher in North Cantina than in South Cantina.
B) is the same in North Cantina and South Cantina.
C) is lower in North Cantina than in South Cantina.
D) cannot be determined from the information provided.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: If an economy is operating inside its
Q24: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" In line (1)
Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" The above data
Q28: A point on the frontier of the
Q30: Assume a household would consume $100 worth
Q31: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q32: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" The vertical intercept
Q80: If the equation y = 15 -
Q81: Specialization and trade are beneficial to society
Q145: The fact that the slope of the