Multiple Choice
The following table shows the production possibilities for the country of Erewhon:
-Refer to the table above to answer this question.Erewhon is producing 21 units of wine,approximately how many units of cheese can it produce?
A) 7 units of cheese
B) 9 units of cheese
C) 14 units of cheese
D) 19 units of cheese
Correct Answer:

Verified
Correct Answer:
Verified
Q53: What do economists mean when they say
Q54: All of the following,except one,are capital goods.Which
Q55: What is the opportunity cost of a
Q56: What do economists always do when they
Q57: Below is a production possibilities curve involving
Q59: Below is the production possibilities table for
Q60: Ensuring the right type of products are
Q61: Scarcity implies choice.Explain
Q62: Below is a production possibilities curve for
Q63: Suppose two identical economies with the same