C-02-Q062mediumsingle_mcq
According to the textbook PPC table, when paddy production rises from 2 to 3 million tons, jute falls from 12 to 9. So opportunity cost of the additional 1 million ton paddy is:
According to the textbook PPC table, when paddy production rises from 2 to 3 million tons, jute falls from 12 to 9. So opportunity cost of the additional 1 million ton paddy is:
- a1 million ton jute
- b2 million ton jute
- c3 million ton jute
- d4 million ton jute