Multiple Choice
This graph describes the production possibilities on the island of Genovia:
The opportunity cost of producing one car in Genovia is:
A) 5,000 tons of agricultural products.
B) 500 tons of agricultural products.
C) 5 tons of agricultural products.
D) 50 tons of agricultural products.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: The benefits to specialization are enhanced when
Q36: To say that an individual possesses an
Q56: You have noticed that your next-door neighbor,
Q59: If Scout has an absolute advantage over
Q67: Ginger and Maryann are lost in the
Q68: If a nation has the lowest opportunity
Q73: The slope of any production possibilities curve
Q75: You are the Minister of Trade for
Q77: Earth Movers & Shakers operates 3
Q94: A job is most likely to be