Economics MCQ The Economics Problem The table shows the production possibilities frontier for the economy of Arkadia. The opportunity cost of increasing cheese production from 500 (tons of) cheese to 750 (tons of) cheese is:}

The table shows the production possibilities frontier for the economy of Arkadia. The opportunity cost of increasing cheese production from 500 (tons of) cheese to 750 (tons of) cheese is:}

Naim 23:29 The Economics Problem

The table shows the production possibilities frontier for the economy of Arkadia. The opportunity cost of increasing cheese production from 500 (tons of) cheese to 750 (tons of) cheese is:}

A) 700 gallons of wine.
B) 250 tons of cheese.
C) 300 gallons of wine.
D) 100 gallons of wine.

Answer: C

Economics MCQ

The table shows the production possibilities frontier for the economy of Arkadia. The opportunity cost of increasing cheese production from 500 (tons of) cheese to 750 (tons of) cheese is:}

The table shows the production possibilities frontier for the economy of Arkadia. The opportunity cost of increasing cheese production from 500 (tons of) cheese to 750 (tons of) cheese is:}

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