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

question 71

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  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 pasta for Italy is: A)  2/5 pound of linen. B)  4 pounds of linen. C)  1/4 pound of linen. D)  2 hours of labor. 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 pasta for Italy is:


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