Refer to the above diagram.If society is currently producing 9 units of bicycles and 4 units of computers and it now decides to increase computer output to 6, the cost:
A) will be 4 units of bicycles.
B) will be 2 units of bicycles.
C) will be zero because unemployed resources are available.
D) of doing so cannot be determined from the information given.
Correct Answer:
Verified
Q102: A production possibilities curve shows:
A)that resources are
Q113: The production possibilities curve represents:
A)the maximum amount
Q120: (The following economy produces two products.) Production
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