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Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium)

Question 132

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Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium) According to the table on Production Possibilities for Italy and Belgium, the opportunity cost of 1 pound of linen for Italy is: A) 10 pounds of pasta. B) 1/4 pound of pasta C) 4 pounds of pasta D) 2 1/2 pounds of pasta Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium) According to the table on Production Possibilities for Italy and Belgium, the opportunity cost of 1 pound of linen for Italy is:


A) 10 pounds of pasta.
B) 1/4 pound of pasta
C) 4 pounds of pasta
D) 2 1/2 pounds of pasta

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