A linear PPF is shown, with pounds of meat on the vertical axis and pounds of vegetables on the horizontal axis. The PPF hits the meat axis at 120 pounds and hits the vegetable axis at 160 pounds.

The figure above show the PPF for Sealand, a small country that only produces meat and vegetables.

What is Sealand's opportunity cost of one pound of vegetables?
Group of answer choices

12 pounds of meat

pounds of meat

1.2 pounds of meat

pound of meat

Question

01-07-2024
Business

Answered

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A linear PPF is shown, with pounds of meat on the vertical axis and pounds of vegetables on the horizontal axis. The PPF hits the meat axis at 120 pounds and hits the vegetable axis at 160 pounds.

The figure above show the PPF for Sealand, a small country that only produces meat and vegetables.

What is Sealand's opportunity cost of one pound of vegetables?
Group of answer choices

12 pounds of meat

pounds of meat

1.2 pounds of meat

pound of meat

Sagot :

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