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This Graph Describes the Production Possibilities on the Island of Genovia

Question 76

Multiple Choice

This graph describes the production possibilities on the island of Genovia: This graph describes the production possibilities on the island of Genovia: The opportunity cost of producing one ton of agricultural products in Genovia is: A) 1,000 cars. B) 1 car. C) 1/5 of a car. D) 1/50 of a car. The opportunity cost of producing one ton of agricultural products in Genovia is:


A) 1,000 cars.
B) 1 car.
C) 1/5 of a car.
D) 1/50 of a car.

Correct Answer:

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