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 highest opportunity cost in Table 1.1 for Stealth bombers in terms of B-1 bombers is 1 B-1 bomber per Stealth bomber. This means that for every Stealth bomber produced, one B-1 bomber must be sacrificed.

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