The slope of the production possibilities frontier is defined to ...

[theo]

The slope of the production possibilities frontier is defined to be the marginal rate of
 
  A) transformation.
  B) technical substitution.
  C) substitution.
  D) profit.

Question 2

Refer to Figure 9.8. In order to gain the equivalent imports as a 50 tariff, the government would have to impose a quota of
 
  A) 100 tons of sugar.
  B) 200 tons of sugar.
  C) 300 tons of sugar.
  D) 350 tons of sugar.
  E) 500 tons of sugar.

[aidanmbrowne]

Answer to Question 1

A

Answer to Question 2

A

[theo]

Excellent

[JaynaD87]

Thanks for the timely response, appreciate it