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-Gabriel Owns a Farm in Victoria Where He Raises Cattle

question 205

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  -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 raising another 100 cows? A) 5.0 tonnes of potatoes B) 100 cows C) 1.25 tonnes of potatoes D) 1.0 tonne of potatoes E) 3.0 tonnes of potatoes
-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 raising another 100 cows?


Definitions:

Flextime

A program that allows employees to choose their starting and ending times, provided that they are at work during a specified core period.

Preferred Time

A designated or chosen period that is seen as most suitable or desirable for a specific purpose or activity.

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