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

Verified
Correct Answer:
Verified
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