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    Macroeconomics Study Set 17
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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Figure 2-2 Figure 2-2 Above Shows the Production Possibilities
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Figure 2-2 Figure 2-2 Above Shows the Production Possibilities

Question 153

Question 153

Multiple Choice

Figure 2-2 Figure 2-2   Figure 2-2 above shows the production possibilities frontier for Vidalia,a nation that produces two goods,roses and orchids. -Refer to Figure 2-2.What is the opportunity cost of one dozen orchids? A) 0.4 dozen roses B) 2.5 dozen roses C) 7.25 dozen roses D) 16 dozen roses Figure 2-2 above shows the production possibilities frontier for Vidalia,a nation that produces two goods,roses and orchids.
-Refer to Figure 2-2.What is the opportunity cost of one dozen orchids?


A) 0.4 dozen roses
B) 2.5 dozen roses
C) 7.25 dozen roses
D) 16 dozen roses

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