Assume point A on a linear production possibilities curve represents the combination of 12 coffees and 3 cappuccinos, and point B represents 3 coffees and 6 cappuccinos. Suppose coffees are on the vertical axis and cappuccinos are on the horizontal axis. The opportunity cost of a cup of coffee is:
A. 3 cappuccinos.
B. 1/3 of a cappuccino.
C. 9 cappuccinos.
D. 6 cappuccinos.
Answer: B
Economics
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