-The above table shows production points on Sweet- Tooth Land's production possibilities frontier. What is the opportunity cost of one chocolate bar if Sweet- tooth Land moves from point C to point D?
A) 10 cans of cola
B) 1/3 can of cola
C) 30 cans of cola
D) 3 cans of cola

Question

-The above table shows production points on Sweet- Tooth Land's production possibilities frontier. What is the opportunity cost of one chocolate bar if Sweet- tooth Land moves from point C to point D?
A) 10 cans of cola 
B) 1/3 can of cola 
C) 30 cans of cola 
D) 3 cans of cola

Quizplus · Accepted Answer

The opportunity cost of moving from point C to point D is the number of cans of cola forgone to produce one additional chocolate bar. If moving from C to D results in a decrease of 3 cans of cola, then the opportunity cost of one chocolate bar is 3 cans of cola.

-The Above Table Shows Production Points on Sweet- Tooth Land's