If the United States, at the Point Where It Is

question 2

Multiple Choice

If the United States, at the point where it is currently producing, must give up the production of 500 bicycles (B) to produce 20 additional tractors (T) with the same resources, the opportunity cost of producing 100 bicycles is _______ tractor(s) .

• A) 1
• B) 4
• C) 25
• D) 100