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

Question 17

Multiple Choice

  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 Belgium is: A)  5 pounds of pasta. B)  4 pounds of pasta. C)  1/4 pound of pasta. D)  20 pound 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 Belgium is:


A) 5 pounds of pasta.
B) 4 pounds of pasta.
C) 1/4 pound of pasta.
D) 20 pound of pasta.

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