Table 1.1 shows the hypothetical trade-off between different combinations of Stealth bombers and B-1 bombers that might be produced in a year with the limited U.S. capacity, ceteris paribus. Complete the table by calculating the required opportunity costs for both the B-1 and Stealth bombers. The highest opportunity cost anywhere in Table 1.1 for Stealth bombers in terms of B-1 bombers is
A) 1 B-1 bomber per Stealth bomber.
B) 3 B-1 bombers per Stealth bomber.
C) 2 B-1 bombers per Stealth bomber.
D) 0.5 B-1 bomber per Stealth bomber.

Question

Table 1.1 shows the hypothetical trade-off between different combinations of Stealth bombers and B-1 bombers that might be produced in a year with the limited U.S. capacity, ceteris paribus. Complete the table by calculating the required opportunity costs for both the B-1 and Stealth bombers.  The highest opportunity cost anywhere in Table 1.1 for Stealth bombers in terms of B-1 bombers is
A) 1 B-1 bomber per Stealth bomber. 
B) 3 B-1 bombers per Stealth bomber. 
C) 2 B-1 bombers per Stealth bomber. 
D) 0.5 B-1 bomber per Stealth bomber.

Quizplus · Accepted Answer

The Answer of Table 1.1 shows the hypothetical trade-off between different combinations of Stealth bombers and B-1 bombers that might be produced in a year with the limited U.S. capacity, ceteris paribus. Complete the table by calculating the required opportunity costs for both the B-1 and Stealth bombers.  The highest opportunity cost anywhere in Table 1.1 for Stealth bombers in terms of B-1 bombers is
A) 1 B-1 bomber per Stealth bomber. 
B) 3 B-1 bombers per Stealth bomber. 
C) 2 B-1 bombers per Stealth bomber. 
D) 0.5 B-1 bomber per Stealth bomber.

Table 11 Shows the Hypothetical Trade-Off Between Different Combinations of Stealth