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Figure 3-19 Chile's Production Possibilities Frontier

Question 71

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Figure 3-19
Chile's Production Possibilities Frontier
Colombia's Production Possibilities Frontier Figure 3-19 Chile's Production Possibilities Frontier Colombia's Production Possibilities Frontier -Refer to Figure 3-19.Chile's opportunity cost of one pound of coffee is A) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans. B) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans. C) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans. D) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans. Figure 3-19 Chile's Production Possibilities Frontier Colombia's Production Possibilities Frontier -Refer to Figure 3-19.Chile's opportunity cost of one pound of coffee is A) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans. B) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans. C) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans. D) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans.
-Refer to Figure 3-19.Chile's opportunity cost of one pound of coffee is


A) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans.
B) 3/4 pound of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans.
C) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 1/2 pound of soybeans.
D) 4/3 pounds of soybeans and Colombia's opportunity cost of one pound of coffee is 2 pounds of soybeans.

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