Production Possibility Schedules for Two South Pacific Island NationsKiribatiTuvaluMangoesCoconutsMangoesCoconuts30001,20002004008001,2001008004002,40001,20003,600In Tuvalu, the opportunity cost of producing one coconut (in terms of mangoes) is:
A. 3.
B. 0.
C. 1/3.
D. 400.
Answer: C
Economics
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