Production Production Point chocolate bars cans of cola A 100 10 90 C 20 70 D 30 40 E 40 The above table shows production points on Sweet-Tooth Land's production possibilities frontier. What is the opportunity cost of one can of cola if Sweet-tooth Land moves from point C to point B? Select one: O a. 20 chocolate bars per can of cola O b. 10 chocolate bars per can of cola O c. 2 chocolate bars per can of cola O d. 1/2 chocolate bars per can of cola
Production Production Point chocolate bars cans of cola A 100 10 90 C 20 70 D 30 40 E 40 The above table shows production points on Sweet-Tooth Land's production possibilities frontier. What is the opportunity cost of one can of cola if Sweet-tooth Land moves from point C to point B? Select one: O a. 20 chocolate bars per can of cola O b. 10 chocolate bars per can of cola O c. 2 chocolate bars per can of cola O d. 1/2 chocolate bars per can of cola
Chapter3: Scarcity, Trade-offs, And Production Possibilities
Section: Chapter Questions
Problem 6P
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