Figure 2-6

-Refer to Figure 2-6 $$\frac { 1 } { 2 }$$

Multiple Choice

Figure 2-6

-Refer to Figure 2-6. Consider the production possibilities frontier for an economy that produces only cars and sofas. The opportunity cost of each car is

A) the slope of the production possibilities frontier, or
$$\frac { 1 } { 2 }$$
Of a sofa.
B) the reciprocal of the slope of the production possibilities frontier, or 2 sofas.
C) the reciprocal of the slope of the production possibilities frontier, or
$$\frac { 1 } { 2 }$$
Of a sofa.
D) the slope of the production possibilities frontier, or 2 sofas.