Multiple Choice
Robinson Crusoe divides his time between catching fish and gathering fruit.Part of his production possibilities frontier is given in the above table.Mr.Crusoe,while lonesome,is efficient and always stays on his PPF.Mr.Crusoe is consuming 20 pounds of fish.Then he decides to slowly become a vegetarian and decrease his consumption of fish to 9 pounds.This decision means that Mr.Crusoe will
A) incur an opportunity cost of 9 pounds of fruit.
B) incur an opportunity cost of 20 pounds of fish.
C) be able to enjoy a gain of 9 pounds of fruit.
D) incur an opportunity cost of 99 pounds of fruit.
E) incur an opportunity cost of 9 pounds of fish.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Why is the production possibilities frontier bowed
Q27: Draw a production possibilities frontier between beans
Q186: With no international trade,a country _ consume
Q187: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q188: Using the figure above,if Jack and Jill
Q189: "When a person is more productive in
Q190: The opportunity cost of economic growth is
Q193: When a country's production possibilities frontier shifts
Q194: A movement from one point on a
Q196: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The table above