-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of increasing the production of X from 0 to 3 units?
A) 40 units of good Y per unit of good X
B) 3 units of good Y per unit of good X
C) 4/3 units of good Y per unit of good X
D) 0 units of good Y per unit of good X

Question

-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of increasing the production of X from 0 to 3 units?
A) 40 units of good Y per unit of good X 
B) 3 units of good Y per unit of good X 
C) 4/3 units of good Y per unit of good X 
D) 0 units of good Y per unit of good X

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 increasing the production of X from 0 to 3 units?
A) 40 units of good Y per unit of good X 
B) 3 units of good Y per unit of good X 
C) 4/3 units of good Y per unit of good X 
D) 0 units of good Y per unit of good X

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