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

Question 33

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


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

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