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. Refer to Table 1.2. In the production range of 20 to 35 B-1 bombers, the opportunity cost of producing 1 more B-1 bomber is
A) 195/20 of Stealth bombers.
B) 35/20 of Stealth bombers.
C) 15 Stealth bombers.
D) 1 Stealth bomber.

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.  Refer to Table 1.2. In the production range of 20 to 35 B-1 bombers, the opportunity cost of producing 1 more B-1 bomber is
A) 195/20 of Stealth bombers. 
B) 35/20 of Stealth bombers. 
C) 15 Stealth bombers. 
D) 1 Stealth bomber.

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.  Refer to Table 1.2. In the production range of 20 to 35 B-1 bombers, the opportunity cost of producing 1 more B-1 bomber is
A) 195/20 of Stealth bombers. 
B) 35/20 of Stealth bombers. 
C) 15 Stealth bombers. 
D) 1 Stealth bomber.

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