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A Country Produces Only Apples and Bananas

Question 158

Multiple Choice

A country produces only apples and bananas.Moving from point A to point B along its production possibilities frontier,5 apples are gained and 4 bananas are forgone.What is the opportunity cost of an apple?


A) 4 bananas
B) 5/4 of a banana
C) 4/5 of a banana
D) 1 apple
E) None of the above answers is correct.

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