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Figure 2.7 Figure 2.7 Shows the Production Possibility Frontiers for Pakistan and Possibility

Question 59

Multiple Choice

Figure 2.7
Figure 2.7     Figure 2.7 shows the production possibility frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews. -Refer to Figure 2.7. What is the opportunity cost of producing 1 bolt of cotton in Pakistan? A) 3/8 of a pound of cashews B) 5/8 of a pound of cashews C) 1 3/5 kilograms of cashews D) 150 kilograms of cashews
Figure 2.7 shows the production possibility frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews.
-Refer to Figure 2.7. What is the opportunity cost of producing 1 bolt of cotton in Pakistan?


A) 3/8 of a pound of cashews
B) 5/8 of a pound of cashews
C) 1 3/5 kilograms of cashews
D) 150 kilograms of cashews

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