Answer the question on the basis of the data given in the following production possibilities table. Refer to the table. If the economy is producing at production alternative B, the opportunity cost of the sixth unit of consumer goods will be approximately
A)4 units of capital goods.
B)3 units of capital goods.
C)1/3 of a unit of capital goods.
D)1/4 of a unit of capital goods.

Question

Answer the question on the basis of the data given in the following production possibilities table.  Refer to the table. If the economy is producing at production alternative B, the opportunity cost of the sixth unit of consumer goods will be approximately
A)4 units of capital goods. 
B)3 units of capital goods. 
C)1/3 of a unit of capital goods. 
D)1/4 of a unit of capital goods.

Quizplus · Accepted Answer

The Answer of Answer the question on the basis of the data given in the following production possibilities table.  Refer to the table. If the economy is producing at production alternative B, the opportunity cost of the sixth unit of consumer goods will be approximately
A)4 units of capital goods. 
B)3 units of capital goods. 
C)1/3 of a unit of capital goods. 
D)1/4 of a unit of capital goods.

Answer the Question on the Basis of the Data Given