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Question 21

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Figure 2.2 Figure 2.2   Figure 2.2 above shows the production possibilities frontier for Atikamekw Cree (ca.1600) with a historical tradition of fishing and farming.Assume they produce two goods: fish and grains. Alt text for Figure 2.2: In figure 2.2, a graph compares production of grains and fish. Long description for Figure 2.2: The x-axis is labelled, grains in kilograms, and the y-axis is labelled, fish in kilograms.The x-axis is marked from 0 to 180, in increments of 20.The y-axis is marked from 0 to 140, in increments of 20.A line slopes down from the point 0, 120 to the point 160, 0. -Refer to Figure 2.2.What is the opportunity cost of one kilogram of Fish? A)    kilogram of grain B)    kilograms of grain C) 1.6 kilograms of grain D) 16 kilograms of grain Figure 2.2 above shows the production possibilities frontier for Atikamekw Cree (ca.1600) with a historical tradition of fishing and farming.Assume they produce two goods: fish and grains.
Alt text for Figure 2.2: In figure 2.2, a graph compares production of grains and fish.
Long description for Figure 2.2: The x-axis is labelled, grains in kilograms, and the y-axis is labelled, fish in kilograms.The x-axis is marked from 0 to 180, in increments of 20.The y-axis is marked from 0 to 140, in increments of 20.A line slopes down from the point 0, 120 to the point 160, 0.
-Refer to Figure 2.2.What is the opportunity cost of one kilogram of Fish?


A) Figure 2.2   Figure 2.2 above shows the production possibilities frontier for Atikamekw Cree (ca.1600) with a historical tradition of fishing and farming.Assume they produce two goods: fish and grains. Alt text for Figure 2.2: In figure 2.2, a graph compares production of grains and fish. Long description for Figure 2.2: The x-axis is labelled, grains in kilograms, and the y-axis is labelled, fish in kilograms.The x-axis is marked from 0 to 180, in increments of 20.The y-axis is marked from 0 to 140, in increments of 20.A line slopes down from the point 0, 120 to the point 160, 0. -Refer to Figure 2.2.What is the opportunity cost of one kilogram of Fish? A)    kilogram of grain B)    kilograms of grain C) 1.6 kilograms of grain D) 16 kilograms of grain kilogram of grain
B) Figure 2.2   Figure 2.2 above shows the production possibilities frontier for Atikamekw Cree (ca.1600) with a historical tradition of fishing and farming.Assume they produce two goods: fish and grains. Alt text for Figure 2.2: In figure 2.2, a graph compares production of grains and fish. Long description for Figure 2.2: The x-axis is labelled, grains in kilograms, and the y-axis is labelled, fish in kilograms.The x-axis is marked from 0 to 180, in increments of 20.The y-axis is marked from 0 to 140, in increments of 20.A line slopes down from the point 0, 120 to the point 160, 0. -Refer to Figure 2.2.What is the opportunity cost of one kilogram of Fish? A)    kilogram of grain B)    kilograms of grain C) 1.6 kilograms of grain D) 16 kilograms of grain kilograms of grain
C) 1.6 kilograms of grain
D) 16 kilograms of grain

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