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-The Above Figure Shows the Production Possibility Frontier for a Country

Question 67

Multiple Choice

-The above figure shows the production possibility frontier for a country. Suppose the country is producing at point E. What would be the opportunity cost to increase the production of wine to 9 thousand bottles? A) Nothing, it is a free lunch B) 12 tons of rice C) 15 thousand bottles of wine D) 9 thousand bottles of wine E) 3 tons of rice
-The above figure shows the production possibility frontier for a country. Suppose the country is producing at point E. What would be the opportunity cost to increase the production of wine to 9 thousand bottles?


A) Nothing, it is a free lunch
B) 12 tons of rice
C) 15 thousand bottles of wine
D) 9 thousand bottles of wine
E) 3 tons of rice

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