Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X,ceteris paribus. Table 1.3
Production Possibilities for Brushes and Combs
On the basis of Table 1.3,in the production range of 1 to 2 combs the opportunity cost of producing 1 more comb in terms of brushes is
A) 4.
B) 1/2.
C) 2/17.
D) 1/7.
Correct Answer:
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Q107: Table 1.2 shows the hypothetical trade-off
Q108: Table 1.3 shows the hypothetical trade-off
Q109: Table 1.3 shows the hypothetical trade-off
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Q113: Table 1.3 shows the hypothetical trade-off
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