-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of one unit of Y when the production of good Y increases from 16 to 28 units?
A) 4 units of good X per unit of good Y
B) 3 units of good X per unit of good Y
C) 1/4 unit of good X per unit of good Y
D) There is no opportunity cost when moving from one point to another along a production possibilities frontier.

Question

-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of one unit of Y when the production of good Y increases from 16 to 28 units?
A) 4 units of good X per unit of good Y 
B) 3 units of good X per unit of good Y 
C) 1/4 unit of good X per unit of good Y 
D) There is no opportunity cost when moving from one point to another along a production possibilities frontier.

Quizplus · Accepted Answer

The Answer of 
-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of one unit of Y when the production of good Y increases from 16 to 28 units?
A) 4 units of good X per unit of good Y 
B) 3 units of good X per unit of good Y 
C) 1/4 unit of good X per unit of good Y 
D) There is no opportunity cost when moving from one point to another along a production possibilities frontier.

-The Above Table Shows Production Combinations on a Country's Production