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The Figure Below Shows the Production Possibilities Frontiers for Rice

Question 70

Multiple Choice

The figure below shows the production possibilities frontiers for rice and T-shirts for two countries,Costa Rica and United States.According to the figure below,in Costa Rica,the opportunity cost of 1 ton of rice is:
The figure below shows the production possibilities frontiers for rice and T-shirts for two countries,Costa Rica and United States.According to the figure below,in Costa Rica,the opportunity cost of 1 ton of rice is: A) 1/2 of a T-shirt. B) 3/4 of a T-shirt. C) 1 T-shirt. D) 11/2 T-shirts. E) 2 T-shirts.


A) 1/2 of a T-shirt.
B) 3/4 of a T-shirt.
C) 1 T-shirt.
D) 11/2 T-shirts.
E) 2 T-shirts.

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