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

Question 20

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-The above figure shows the production possibility frontier for a country.Suppose the country is producing at point A.What is the opportunity cost of increasing the production of rice to 12 tons? A) 15 thousand bottles of wine B) 6 thousand bottles of wine C) 9 thousand bottles of wine D) 12 tons of rice E) Nothing, it is a free lunch.
-The above figure shows the production possibility frontier for a country.Suppose the country is producing at point A.What is the opportunity cost of increasing the production of rice to 12 tons?


A) 15 thousand bottles of wine
B) 6 thousand bottles of wine
C) 9 thousand bottles of wine
D) 12 tons of rice
E) Nothing, it is a free lunch.

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