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Figure 3-20 Canada's Production Possibilities Frontier

Question 122

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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 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. 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.
-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.

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