-In the figure above, Jill is producing at point A. Jill's opportunity cost producing one pair of pants is
A)2 shirts per pair of pants.
B)3 shirts per pair of pants.
C)5/3 of a shirt per pair of pants.
D)3/5 of a shirt per pair of pants.

Question

-In the figure above, Jill is producing at point A. Jill's opportunity cost producing one pair of pants is
A)2 shirts per pair of pants. 
B)3 shirts per pair of pants. 
C)5/3 of a shirt per pair of pants. 
D)3/5 of a shirt per pair of pants.

Quizplus · Accepted Answer

Jill's opportunity cost of producing one pair of pants is 2 shirts, as shown by the slope of the PPF at point A.

-In the Figure Above, Jill Is Producing at Point A Jill's