-Gabriel Owns a Farm in Victoria Where He Raises Cattle

question 104

Multiple Choice

-Gabriel owns a farm in Victoria where he raises cattle and grows potatoes.The figure above illustrates his production possibilities frontier.What is Gabriel's opportunity cost of growing another tonne of potatoes?

• A)1 tonne of potatoes
• B)100 cows
• C)80 cows
• D)400 cows
• E)0 cows

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Definitions:

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