Multiple Choice
The figures below depict the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between making pizzas and making stromboli. Refer to these figures to answer the next three questions.
-What is Jim's opportunity cost of making 1 pizza?
A) 50 stromboli
B) 20 stromboli
C) 2.5 stromboli
D) 2 stromboli
E) 1.5 stromboli
Correct Answer:
Verified
Correct Answer:
Verified
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