the above figure shows the production possibility frontier for a country. suppose the country is producing…

the above figure shows the production possibility frontier for a country. suppose the country is producing at point a. what would be the opportunity cost to increase the production of rice to 12 tons?\n○ 6 tons of rice\n○ 15 thousand bottles of wine\n○ 6 thousand bottles of wine\n○ 9 thousand bottles of wine\n○ nothing, it is a free lunch.

the above figure shows the production possibility frontier for a country. suppose the country is producing at point a. what would be the opportunity cost to increase the production of rice to 12 tons?\n○ 6 tons of rice\n○ 15 thousand bottles of wine\n○ 6 thousand bottles of wine\n○ 9 thousand bottles of wine\n○ nothing, it is a free lunch.

Answer

Explanation:

Step1: Identify production at point A

At point A, rice production is 6 tons and assume wine - production is 9 thousand bottles (from the graph).

Step2: Identify production at 12 tons of rice

At 12 tons of rice (point D), wine - production is 3 thousand bottles.

Step3: Calculate opportunity cost

The change in wine production is (9 - 3=6) thousand bottles. The opportunity cost of increasing rice production from 6 tons to 12 tons is the amount of wine that must be given up, which is 6 thousand bottles of wine.

Answer:

6 thousand bottles of wine