-The Figure Above Shows the Production Possibilities Frontier for a Country.If

question 41

Multiple Choice

-The figure above shows the production possibilities frontier for a country.If the economy is operating at point B,then the opportunity cost of another million gallons of milk is

• A) 4 gallons of ice cream for a gallon of milk.
• B) 3 gallons of ice cream for a gallon of milk.
• C) 1 gallon of ice cream for a gallon of milk.
• D) 1/3 of a gallon of ice cream for a gallon of milk.
• E) zero because after producing another million gallons of milk then zero gallons of ice cream are produced.

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