Figure 2-16
-Refer to Figure 2-16.The opportunity cost of obtaining approximately 10 additional gadgets by moving from point C to point A is

Question

Figure 2-16​ 
-Refer to Figure 2-16.The opportunity cost of obtaining approximately 10 additional gadgets by moving from point C to point A is

Quizplus · Accepted Answer

Moving from point C to point A would result in a gain of approximately 10 gadgets, but it would also result in a loss of approximately 30 widgets. Therefore, the opportunity cost of obtaining those 10 additional gadgets is 30 widgets. The best choice would be to stay at point C or move to point B, where the opportunity cost is lower.

Figure 2-16​ -Refer to Figure 2-16.The Opportunity Cost of Obtaining Approximately 10

Figure 2-16 -Refer to Figure 2-16.The Opportunity Cost of Obtaining Approximately 10