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Figure 3-23 the Graph Below Represents the Various Combinations of Ham and Ham

question 54

Multiple Choice

Figure 3-23
The graph below represents the various combinations of ham and cheese (in pounds) that the nation of Bonovia could produce in a given month. Figure 3-23 The graph below represents the various combinations of ham and cheese (in pounds) that the nation of Bonovia could produce in a given month.   -Refer to Figure 3-23.In the nation of Cropitia,the opportunity cost of a pound of ham is 0.3 pounds of cheese.Bonovia and Cropitia both can gain from trading with one another if one pound of ham trades for A) 0.40 pounds of cheese. B) 0.55 pounds of cheese. C) 0.75 pounds of cheese. D) All of the above are correct.
-Refer to Figure 3-23.In the nation of Cropitia,the opportunity cost of a pound of ham is 0.3 pounds of cheese.Bonovia and Cropitia both can gain from trading with one another if one pound of ham trades for


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