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The following table is the production possibility curve for Italy and France. Before trade Italy is at point B and France is at point C

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The following table is the production possibility curve for Italy and France. Before trade Italy is at point B and France is at point C on the respective curves. A B C D m F Italy Gelato 750 600 450 300 150 0 Wine O 100 200 300 400 500 France Gelato 250 200 150 100 50 0 Wine 0 75 150 225 300 375 In Italy the opportunity cost of 1 bottle of wine is how many Gelato? O' a. 750 O b. .67 O c. 1.0 O d. 1.5

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