At One Point Along a PPF 40 Tons of Wheat

question 58

Multiple Choice

At one point along a PPF 40 tons of wheat are produced while 80 tons of rice are produced. At another point along the same PPF, 41 tons of wheat are produced while 70 tons of rice are produced. The opportunity cost of producing a ton of wheat between these points is ________ per ton of wheat.

• A) 1/2 ton of rice
• B) 10 tons of rice
• C) 1/10 ton of rice
• D) 4/7 ton of rice

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Definitions:

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