Multiple Choice
Use the following to answer questions:
Figure: Sugar and Freight Trains
-(Figure: Sugar and Freight Trains) Use Figure: Sugar and Freight Trains.Suppose the economy is operating at point C.The opportunity cost of producing the fourth freight train would be:
A) 19 tonnes of sugar.
B) 45 tonnes of sugar.
C) 80 tonnes of sugar.
D) 3 freight trains.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: In building models,economists often assume that opportunity
Q92: The production possibility frontier is bowed out
Q98: Which statement is positive?<br>A) The rate of
Q99: If the opportunity cost of manufacturing automobiles
Q100: The _ illustrates the trade-offs facing an
Q109: An economic model:<br>A)is useful for explaining past
Q142: Economic models that make unrealistic assumptions may
Q147: Use the following to answer question: <img
Q152: An economy is said to have a
Q178: If they produce only hamburgers,in a single