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hLayout -ab a No Spac... Heading 1 Heading2 Title Subtitle Subtle Em... Emphasis Select Styles Editing Figare 319 Chile\'t Production Posibtien Frontier Colembin\'s Predection Pamibilities Froetier 20 14 16 18 20 Refer to Figure 3-19. Colomabia would incur an opportmity cost of 24 pounds of coffee if it increased its of soy beans b 12 poumds 18 pounds 36 poamds. 48 pounds Hide Feedback 5:52 PM 1/28/2018 ^

Solution

Opportunity cost of Soyabeans = 2 units of coffee

Therefore, Columbia sacrifices 24 units of coffee for 12 units of soyabeans. i.e. option (a)