Production Production Point chocolate bars cans of cola A 100 10 90 C 20 70 D 30 40 E 40 The above table shows production points on Sweet-Tooth Land's production possibilities frontier. What is the opportunity cost of one can of cola if Sweet-tooth Land moves from point C to point B? Select one: O a. 20 chocolate bars per can of cola O b. 10 chocolate bars per can of cola O c. 2 chocolate bars per can of cola O d. 1/2 chocolate bars per can of cola
Production Production Point chocolate bars cans of cola A 100 10 90 C 20 70 D 30 40 E 40 The above table shows production points on Sweet-Tooth Land's production possibilities frontier. What is the opportunity cost of one can of cola if Sweet-tooth Land moves from point C to point B? Select one: O a. 20 chocolate bars per can of cola O b. 10 chocolate bars per can of cola O c. 2 chocolate bars per can of cola O d. 1/2 chocolate bars per can of cola
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Production
Production
Point
chocolate bars
cans of cola
A
100
B
10
90
C
20
70
30
40
E
40
The above table shows production points on Sweet-Tooth Land's production possibilities frontier. What is the opportunity cost of one can of cola if
Sweet-tooth Land moves from point C to point B?
Select one:
20 chocolate bars per can of cola
O b. 10 chocolate bars per can of cola
Oc. 2 chocolate bars per can of cola
O d. 1/2 chocolate bars per can of cola
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