The production possibilities curve below shows the hypothetical relationship between the production of capital goods and consumer goods in an economy. Refer to the above table.What is the total opportunity cost of producing three units of capital goods?
A)6 units of consumer goods
B)7 units of consumer goods
C)15 units of consumer goods
D)22 units of consumer goods

Question

The production possibilities curve below shows the hypothetical relationship between the production of capital goods and consumer goods in an economy.  Refer to the above table.What is the total opportunity cost of producing three units of capital goods?
A)6 units of consumer goods 
B)7 units of consumer goods 
C)15 units of consumer goods 
D)22 units of consumer goods

Quizplus · Accepted Answer

The Answer of The production possibilities curve below shows the hypothetical relationship between the production of capital goods and consumer goods in an economy.  Refer to the above table.What is the total opportunity cost of producing three units of capital goods?
A)6 units of consumer goods 
B)7 units of consumer goods 
C)15 units of consumer goods 
D)22 units of consumer goods

The Production Possibilities Curve Below Shows the Hypothetical Relationship Between