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When Operating on Its PPF, a Country Can Produce 2

Question 373

Multiple Choice

When operating on its PPF, a country can produce 2 tons of butter and 200 cars OR 3 tons of butter and 150 cars. The opportunity cost of 1 ton of butter is _ _ cars per ton of butter.


A) 200
B) 50
C) 0.75
D) 300

Correct Answer:

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