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    Exam 2: Economic Models: Trade-Offs and Trade
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    Use the Following to Answer Question
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Use the Following to Answer Question

Question 21

Question 21

Multiple Choice

Use the following to answer question:
Use the following to answer question:   -(Table: Coffee and Salmon Production Possibilities) Use Table: Coffee and Salmon Production Possibilities.The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good.The opportunity cost of producing 1 unit of salmon for Alaska is _____ coffee(s) . A) 2 B) 0.25 C) 1 D) 0.5
-(Table: Coffee and Salmon Production Possibilities) Use Table: Coffee and Salmon Production Possibilities.The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good.The opportunity cost of producing 1 unit of salmon for Alaska is _____ coffee(s) .


A) 2
B) 0.25
C) 1
D) 0.5

Correct Answer:

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