2. Suppose a farm in Oregon, WI can produce 5 pounds of cheese or 20 bushels of corn in a day. What can we conclude about the farm's production possibilities curve and its opportunity cost of producing cheese? A. The farm has a straight-line production possibilities curve, and the opportunity cost for each pound of cheese is 15 bushels of corn B. The farm has a bowed-out production possibilities curve, and the opportunity cost for each pound of cheese is 15 bushels of corn C. The farm has a straight-line production possibilities curve, and the opportunity cost for each pound of cheese is 4 bushels of corn. The farm has a bowed-out production possibilities curve, and the opportunity cost for each pound 8 D. of cheese is 4 bushels of corn.