Use the Production Possibilities Data Below to Answer the Following

question 185

Multiple Choice

Use the production possibilities data below to answer the following question(s) .
Table 2-3

-Refer to Table 2-3. The opportunity cost of 1 pound of potatoes for the farmer is

• A) 8 hours of labor.
• B) 2 hours of labor.
• C) 4 pounds of meat.
• D) 1/4 pound of meat.

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An enterprise involved in the extraction of minerals or other geological materials from the earth.

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