Robinson Crusoe divides his time between catching fish and gathering fruit. Part of his production possibilities frontier is given in the above table. If Mr

Crusoe is on his PPF and he increases the amount of fruit he gathers from 56 to 90 pounds, the opportunity cost is
A) 34 pounds of fruit.
B) 90 pounds of fruit.
C) 17 pounds of fish.
D) 37 pounds of fish.
E) 31 pounds of fish.


C

Economics

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Within the production possibilities frontier (PPF) framework, choice is depicted by the

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What factor has the greatest influence on elasticity and inelasticity of supply?

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The efficient response to a policy that provides free or heavily subsidized care to a substantial number of people is to:

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