Exhibit 2-10 Production possibilities curve data $$\begin{array} { | l | r | r | r | r | r | }
\hline & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } \
\hline \text { Capital goods } & 0 & 1 & 2 & 3 & 4 \
\text { Consumption goods } & 25 & 23 & 19 & 13 & 0 \
\hline
\end{array}$$
-Suppose an economy is faced with the production possibilities table shown in Exhibit 2-10. The second unit of capital goods production will cost ____ units of consumption goods, and the third unit of capital goods production will cost ____ units of consumption goods.

Question

Exhibit 2-10 Production possibilities curve data $$\begin{array} { | l | r | r | r | r | r | } 
\hline & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } \
\hline \text { Capital goods } & 0 & 1 & 2 & 3 & 4 \
\text { Consumption goods } & 25 & 23 & 19 & 13 & 0 \
\hline
\end{array}$$
-Suppose an economy is faced with the production possibilities table shown in Exhibit 2-10. The second unit of capital goods production will cost ____ units of consumption goods, and the third unit of capital goods production will cost ____ units of consumption goods.

Quizplus · Accepted Answer

The second unit of capital goods production costs 4 units of consumption goods (from 23 to 19), and the third unit costs 6 units of consumption goods (from 19 to 13).

Exhibit 2-10 Production Possibilities Curve Data -Suppose an Economy Is Faced with the Production Possibilities Table