Solved

The Graphs Above Show the Production Possibilities Curves for the U.S.and

Question 19

Multiple Choice

    The graphs above show the production possibilities curves for the U.S.and Canada,which both produce cars and wheat. Based on the graphs above,which of the following is true? A) The opportunity cost of a car in the U.S. is 1 unit of wheat. B) The opportunity cost of a car in the U.S. is 5 units of wheat. C) The opportunity cost of a car in Canada is 1/2 unit of wheat. D) The opportunity cost of a car in Canada is 2 units of wheat.
    The graphs above show the production possibilities curves for the U.S.and Canada,which both produce cars and wheat. Based on the graphs above,which of the following is true? A) The opportunity cost of a car in the U.S. is 1 unit of wheat. B) The opportunity cost of a car in the U.S. is 5 units of wheat. C) The opportunity cost of a car in Canada is 1/2 unit of wheat. D) The opportunity cost of a car in Canada is 2 units of wheat.
The graphs above show the production possibilities curves for the U.S.and Canada,which both produce cars and wheat.
Based on the graphs above,which of the following is true?


A) The opportunity cost of a car in the U.S. is 1 unit of wheat.
B) The opportunity cost of a car in the U.S. is 5 units of wheat.
C) The opportunity cost of a car in Canada is 1/2 unit of wheat.
D) The opportunity cost of a car in Canada is 2 units of wheat.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions