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Figure 2-14 Figure 2-14 Shows the Production Possibilities Frontiers

Question 329

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Figure 2-14 Figure 2-14   Figure 2-14 shows the production possibilities frontiers for Costa Rica and Guatemala. Each country produces two goods, pineapples and coconuts. -Refer to Figure 2-14. What is the opportunity cost of producing 1 ton of coconuts in Costa Rica? A)  3/8 of a ton of pineapples B)  2/3 of a ton of pineapples C)  1 1/2 tons of pineapples D)  100 tons of pineapples Figure 2-14 shows the production possibilities frontiers for Costa Rica and Guatemala. Each country produces two goods, pineapples and coconuts.
-Refer to Figure 2-14. What is the opportunity cost of producing 1 ton of coconuts in Costa Rica?


A) 3/8 of a ton of pineapples
B) 2/3 of a ton of pineapples
C) 1 1/2 tons of pineapples
D) 100 tons of pineapples

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