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Below Are the Production Possibilities (Without Trade)and the Trading Possibilities

question 122

Multiple Choice

Below are the production possibilities (without trade) and the trading possibilities (with free trade) for Canada.
Below are the production possibilities (without trade) and the trading possibilities (with free trade) for Canada.    -Refer to the graph above to answer this question.Assuming free trade,what is the opportunity cost of 1 more railcar? A) 0.00835 aircraft. B) 0.033 aircraft. C) 3.33 aircraft. D) 8.33 aircraft. E) 10 aircraft.
-Refer to the graph above to answer this question.Assuming free trade,what is the opportunity cost of 1 more railcar?


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Complements

Goods or services that are used together, where the increase in demand for one leads to an increase in demand for the other.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded by consumers, holding all other factors constant.

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