Multiple Choice
If countries A and B produce only either rubber bands or paper clips, their maximum outputs are shown in the accompanying production possibilities schedules.
In country A the opportunity cost of 1 paper clip is
A) 2 rubber bands.
B) 1 rubber band.
C) 1/2 rubber band.
D) 1/4 rubber band.
Correct Answer:

Verified
Correct Answer:
Verified
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