Multiple Choice
Graph 3-2 
These figures illustrate the production possibilities available to Amy and Jim with 8 hours of labour.
-Refer to Graph 3-2.The opportunity cost of one coffee for Amy is:
A) three doughnuts
B) two doughnuts
C) 1/2 doughnut
D) 1/3 doughnut
Correct Answer:
Verified
Correct Answer:
Verified
Q19: Mark is a computer company executive, and
Q20: Graph 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-2
Q21: The principle of comparative advantage was developed
Q22: Table 3-2<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|c|c|}\hline&\text
Q23: Graph 3-1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-1
Q25: If two countries have identical opportunity costs,
Q27: Table 3-3<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q28: Table 3-3<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q29: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q77: For a country producing two goods, the