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Time left 1:02:30 2 The following table is the production possibility curve for Italy and France. Before trade Italy is at point B and France

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Time left 1:02:30 2 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 of Italy Gelato 750 600 450 300 150 0 Wine 0 100 200 300 400 500 28 France 37 Gelato 250 200 150 100 50 0 Wine 0 75 150 225 300 375 46 In Italy the opportunity cost of 1 bottle of wine is how many Gelato? 55 O a. 1.0 O b. .67 Finis O c. 750 O d. 1.5 53 Continuing using the PPC date for Italy and France

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