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    International Economics Study Set 12
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    Exam 2: Foundations of Modern Trade Theory Comparative Advantage
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    Figure 2.1. Production Possibilities Frontier
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Figure 2.1. Production Possibilities Frontier

Question 89

Question 89

Multiple Choice

Figure 2.1. Production Possibilities Frontier 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.
-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.

Correct Answer:

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