Multiple Choice
Figure 3-11
The graph below represents the various combinations of ham and cheese (in pounds) that the nation of Bonovia could produce in a given month.
-Refer to Figure 3-11.In the nation of Cropitia,the opportunity cost of a pound of cheese is 1.5 pounds of ham.Based on this information,if Bonovia and Cropitia want to trade,Bonovia should specialize in the production of
A) ham and import cheese.
B) cheese and import ham.
C) both goods and import neither good.
D) neither good and import both goods..
Correct Answer:

Verified
Correct Answer:
Verified
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