Multiple Choice
If Farmer Sam MacDonald can produce 200 pounds of cabbages and 0 pounds of potatoes or 0 pounds of cabbages and 100 pounds of potatoes and faces a linear production possibilities curve for his farm, the opportunity cost of producing an additional pound of potatoes is _____ _ pound(s) of cabbage.
A) 1/2
B) 2
C) 100
D) 200
Correct Answer:
Verified
Correct Answer:
Verified
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