Exhibit 2-1 Production possibilities curve data $$\begin{array} { | c | c | } \hline \begin{array} { c } \text { Consumption } \ \text { Goods } \end{array} & \begin{array} { c } \text { Capital } \ \text { Goods } \end{array} \ \hline 10 & 0 \ 9 & 1 \ 7 & 2 \ 4 & 3 \ 0 & 4 \ \hline \end{array}$$ In Exhibit 2-1, according to the information, the opportunity cost of producing the 3^rd unit of capital is :

Question

Quizplus · Accepted Answer

To produce the third unit of capital goods, production decreases from 7 to 4 units of consumption goods, which is a loss of 3 units of consumption goods.

Exhibit 2-1 Production Possibilities Curve Data In Exhibit 2-1, According to the Information, the Opportunity Cost