In the above figure, Jack's opportunity cost of producing 1 ...

[vicky]

In the above figure, Jack's opportunity cost of producing 1 gallon of soda is ________ of bottled water.
 
  A) 2 gallons
  B) 1/2 of a gallon
  C) 6 gallons
  D) 1 gallon
  E) 1/4 of a gallon

Question 2

Recall the Application. The European nations that adopted the euro as a common currency no longer have their own central banks and are therefore no longer able to conduct their own independent
 
  A) trade policy. B) fiscal policy.
  C) international investment. D) monetary policy.

[wuly]

Answer to Question 1

A

Answer to Question 2

D

[vicky]

Correct answers!

[wuly]

Great! Please up vote