Solved

Answer the Question on the Basis of the Following Production

Question 63

Multiple Choice

Answer the question on the basis of the following production possibilities tables for two countries,North Cantina and South Cantina: Answer the question on the basis of the following production possibilities tables for two countries,North Cantina and South Cantina:   Refer to the tables.The opportunity cost of the fifth unit of capital goods: A)  is higher in North Cantina than in South Cantina. B)  is the same in North Cantina and South Cantina. C)  is lower in North Cantina than in South Cantina. D)  cannot be determined from the information provided. Refer to the tables.The opportunity cost of the fifth unit of capital goods:


A) is higher in North Cantina than in South Cantina.
B) is the same in North Cantina and South Cantina.
C) is lower in North Cantina than in South Cantina.
D) cannot be determined from the information provided.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions