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-The Figure Above Shows the Production Possibilities Frontier for a Country.The

Question 123

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  -The figure above shows the production possibilities frontier for a country.The opportunity cost of a gallon of milk between combination point A and B is A)  4 gallons of ice cream for a gallon of milk. B)  3 gallons of ice cream for a gallon of milk. C)  1 gallon of ice cream for a gallon of milk. D)  1/3 of a gallon of ice cream for a gallon of milk. E)  zero because at point A zero milk is being produced.
-The figure above shows the production possibilities frontier for a country.The opportunity cost of a gallon of milk between combination point A and B is


A) 4 gallons of ice cream for a gallon of milk.
B) 3 gallons of ice cream for a gallon of milk.
C) 1 gallon of ice cream for a gallon of milk.
D) 1/3 of a gallon of ice cream for a gallon of milk.
E) zero because at point A zero milk is being produced.

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