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    Exam 2: The Economic Problem
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    When Operating on Its PPF, a Country Can Produce 2
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When Operating on Its PPF, a Country Can Produce 2

Question 127

Question 127

Multiple Choice

When operating on its PPF, a country can produce 2 tons of butter and 200 cars OR 3 tons of butter and 150 cars. The opportunity cost of 1 ton of butter is ________ cars per ton of butter.


A) 300
B) 200
C) 50
D) 0.75

Correct Answer:

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