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

Question 21

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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 Indonesia? A) 3/8 of a kilogram of cashews B) 5/8 of a kilogram of cashews C) 2 2/3 kilograms of cashews D) 120 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 Indonesia?


A) 3/8 of a kilogram of cashews
B) 5/8 of a kilogram of cashews
C) 2 2/3 kilograms of cashews
D) 120 kilograms of cashews

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