Use the table below to answer the following question.
Table 2.1.3
Production possibilities for a society that produces only two
goods - hockey sticks and maple leaves
-Refer to Table 2.1.3.In moving from combination C to combination B,the opportunity cost of producing one additional hockey stick is
A)2 maple leaves.
B)1/2 maple leaves.
C)6 maple leaves.
D)1/6 maple leaves.
E)3 maple leaves.

Question

Use the table below to answer the following question.
Table 2.1.3
Production possibilities for a society that produces only two
goods - hockey sticks and maple leaves 
-Refer to Table 2.1.3.In moving from combination C to combination B,the opportunity cost of producing one additional hockey stick is
A)2 maple leaves. 
B)1/2 maple leaves. 
C)6 maple leaves. 
D)1/6 maple leaves. 
E)3 maple leaves.

Quizplus · Accepted Answer

The opportunity cost of producing one additional hockey stick is the number of maple leaves that must be given up. If moving from combination C to B results in 3 fewer maple leaves, then the opportunity cost is 3 maple leaves.

Use the Table Below to Answer the Following Question