Multiple Choice
Figure 3-23
The graph below represents the various combinations of ham and cheese (in pounds) that the nation of Bonovia could produce in a given month.
-Refer to Figure 3-23.In the nation of Cropitia,the opportunity cost of a pound of cheese is 1.5 pounds of ham.Bonovia and Cropitia both can gain from trading with one another if one pound of cheese trades for
A) 1.0 pound of ham.
B) 1.4 pounds of ham.
C) 2.1 pounds of ham.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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