-Consider the PPF for Milk and Corn in the Above

question 23

Multiple Choice

-Consider the PPF for milk and corn in the above figure. If currently no corn is being produced, what is the total opportunity cost of producing another 2 bushels of corn?

• A) 4 gallons of milk
• B) 2 bushels of corn
• C) 1 gallon of milk
• D) nothing

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