Multiple Choice
Figure 3-3
Ice cream is measured in kilograms.
-Refer to Figure 3-3. For Jerry, what is the opportunity cost of 1 pound of ice cream?
A) 3/2 kg of cones.
B) 1/3 kg of cones.
C) 1 kg of cones.
D) 2 kg of cones.
Correct Answer:

Verified
Correct Answer:
Verified
Q158: How is absolute advantage found?<br>A)By comparing opportunity
Q159: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
Q160: Figure 3-3<br>Ice cream is measured in kilograms.
Q161: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4
Q162: Table 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-6
Q164: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
Q165: When will a production possibilities frontier be
Q166: Suppose that a worker in Freedonia can
Q167: Table 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-1
Q168: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4