Multiple Choice

-In the production possibilities frontier depicted in the figure above, what is the opportunity cost of increasing the production of bananas from two million pounds to three million pounds?
A) 2 hats per pound of bananas
B) 1 hat per pound of bananas
C) 3 hats per pound of bananas
D) 1/2 hat per pound of bananas
Correct Answer:

Verified
Correct Answer:
Verified
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