Exhibit 21-1 Production possibilities curves
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In Exhibit 21-1, the production possibilities curves of wheat and corn for Nabia and Pada are presented. In Nabia the cost of producing one more unit of wheat is equal to:
A. 4 units of corn.
B. 4 units of wheat.
C. 1/4 unit of corn.
D. 15 units of corn.
Answer: C
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