Table 1.2 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. On the basis of your calculations in Table 1.2, what is the opportunity cost of producing at point B rather than point C?
A) 45 B-1 bombers.
B) 35 Stealth bombers.
C) 180 Stealth bombers.
D) 10 B-1 bombers.

Question

Table 1.2 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.  On the basis of your calculations in Table 1.2, what is the opportunity cost of producing at point B rather than point C?
A) 45 B-1 bombers. 
B) 35 Stealth bombers. 
C) 180 Stealth bombers. 
D) 10 B-1 bombers.

Quizplus · Accepted Answer

The Answer of Table 1.2 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.  On the basis of your calculations in Table 1.2, what is the opportunity cost of producing at point B rather than point C?
A) 45 B-1 bombers. 
B) 35 Stealth bombers. 
C) 180 Stealth bombers. 
D) 10 B-1 bombers.

Table 12 Shows the Hypothetical Trade-Off Between Different Combinations of Stealth