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-The Above Table Shows Production Combinations on a Country's Production

Question 152

Multiple Choice

-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of one unit of Y when the production of good Y increases from 16 to 28 units? A) 4 units of good X B) 1/4 unit of good X C) 3 units of good X D) There is no opportunity cost when moving from one point to another along a production possibilities frontier.
-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of one unit of Y when the production of good Y increases from 16 to 28 units?


A) 4 units of good X
B) 1/4 unit of good X
C) 3 units of good X
D) There is no opportunity cost when moving from one point to another along a production possibilities frontier.

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