Multiple Choice
If Farmer Sam MacDonald can produce 200 pounds of cabbages and 0 pounds of potatoes or 0 pounds of cabbages and 100 pounds of potatoes and faces a linear production possibilities curve for his farm, the opportunity cost of producing an additional pound of potatoes is _____ _ pound(s)
Of cabbage.
A) 1/2
B) 2
C) 100
D) 200
Correct Answer:

Verified
Correct Answer:
Verified
Q39: In a market capitalist economy, which of
Q45: Use the following to answer question(s): <br>Exhibit:
Q46: The set of acquired skills and abilities
Q116: The best example of a market capitalist
Q117: Use the following to answer question(s): <br>Exhibit:
Q127: To be considered capital, a factor of
Q152: In a market capitalist economy:<br>A) markets are
Q169: Use the following to answer question(s): <br>Exhibit:
Q191: Which of the following will not lead
Q198: One of the two criteria for a