Question

Figure 1 Questo 8 Not yet answered Jordan's Production Possibilities Frontier Perry's Production Possibilities Frontier Points out at 100 P Flag question Refer to Figure 1. The opportunity cost of 1 novel for Perry is Select one: a. 1/6 poem b. 2 poems c. 6 poems d. 12 poems.

Answer 1

You can see on the graph for Perry that as she goes
to write 1 novel she gives up writing 6 poems.
Furthermore, when she writes an additional novel (2 novels),
she gives up writing another 6 poems.
Therefore, the opportunity cost of writing 1 novel for Perry is
c) 6 poems.