Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q13: You are the Minister of Trade for
Q14: Dent 'n' Scratch Used Cars and
Q16: Earth Movers & Shakers operates 3
Q22: You are the Minister of Trade for
Q35: If a given production combination is known
Q52: The core principle that is illustrated by
Q64: Having a comparative advantage in a particular
Q87: The slope of the production possibilities curve
Q94: A job is most likely to be
Q133: Economic growth can result from a(n):<br>A)increase in