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    Macroeconomics Study Set 12
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    Exam 2: Choices and Trade Offs in the Market
  5. Question
    Figure 2.6 Figure 2.6 Above Shows the Production Possibility Frontier for Vidalia
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Figure 2.6 Figure 2.6 Above Shows the Production Possibility Frontier for Vidalia

Question 175

Question 175

Multiple Choice

Figure 2.6
Figure 2.6     Figure 2.6 above shows the production possibility frontier for Vidalia, a nation that produces two goods, roses and orchids. -Refer to Figure 2.6. What is the opportunity cost of 100 dozen roses? A) 0.8 dozen orchids B) 5 dozen orchids C) 40 dozen orchids D) 80 dozen orchids
Figure 2.6 above shows the production possibility frontier for Vidalia, a nation that produces two goods, roses and orchids.
-Refer to Figure 2.6. What is the opportunity cost of 100 dozen roses?


A) 0.8 dozen orchids
B) 5 dozen orchids
C) 40 dozen orchids
D) 80 dozen orchids

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