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Figure 3-20 Canada's Production Possibilities Frontier

Question 117

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Figure 3-20
Canada's Production Possibilities Frontier
Mexico's Production Possibilities Frontier Figure 3-20 Canada's Production Possibilities Frontier Mexico's Production Possibilities Frontier     -Refer to Figure 3-20.Canada's opportunity cost of one unit of Good X is A) 1/2 unit of Good Y and Mexico's opportunity cost of one unit of Good X is 1/2 unit of Good Y. B) 1/2 unit of Good Y and Mexico's opportunity cost of one unit of Good X is 2 units of Good Y. C) 2 units of Good Y and Mexico's opportunity cost of one unit of Good X is 1/2 unit of Good Y. D) 2 units of Good Y and Mexico's opportunity cost of one unit of Good X is 2 units of Good Y. Figure 3-20 Canada's Production Possibilities Frontier Mexico's Production Possibilities Frontier     -Refer to Figure 3-20.Canada's opportunity cost of one unit of Good X is A) 1/2 unit of Good Y and Mexico's opportunity cost of one unit of Good X is 1/2 unit of Good Y. B) 1/2 unit of Good Y and Mexico's opportunity cost of one unit of Good X is 2 units of Good Y. C) 2 units of Good Y and Mexico's opportunity cost of one unit of Good X is 1/2 unit of Good Y. D) 2 units of Good Y and Mexico's opportunity cost of one unit of Good X is 2 units of Good Y.
-Refer to Figure 3-20.Canada's opportunity cost of one unit of Good X is


A) 1/2 unit of Good Y and Mexico's opportunity cost of one unit of Good X is 1/2 unit of Good Y.
B) 1/2 unit of Good Y and Mexico's opportunity cost of one unit of Good X is 2 units of Good Y.
C) 2 units of Good Y and Mexico's opportunity cost of one unit of Good X is 1/2 unit of Good Y.
D) 2 units of Good Y and Mexico's opportunity cost of one unit of Good X is 2 units of Good Y.

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