Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium)

question 132

Multiple Choice

Reference: Ref 2-7 (Table: Production Possibilities for Italy and Belgium) According to the table on Production Possibilities for Italy and Belgium, the opportunity cost of 1 pound of linen for Italy is:

• A) 10 pounds of pasta.
• B) 1/4 pound of pasta
• C) 4 pounds of pasta
• D) 2 1/2 pounds of pasta

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