Multiple Choice
Figure 2.7 
Figure 2.7 shows the production possibility frontiers for Pakistan and Indonesia.Each country produces two goods, cotton and cashews.
-Refer to Figure 2.7.What is the opportunity cost of producing 1 bolt of cotton in Pakistan?
A) 3/8 of a kilogram of cashews
B) 5/8 of a kilogram of cashews
C) 1 3/5 kilograms of cashews
D) 150 kilograms of cashews
Correct Answer:
Verified
Correct Answer:
Verified
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