Multiple Choice
Figure 3-19
Chile's Production Possibilities Frontier
Colombia's Production Possibilities Frontier
-Refer to Figure 3-19.Colombia would incur an opportunity cost of 24 pounds of coffee if it increased its production of soybeans by
A) 12 pounds.
B) 18 pounds.
C) 36 pounds.
D) 48 pounds.
Correct Answer:

Verified
Correct Answer:
Verified
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