Table 2-2

$ \text { Ecoville's Production Possibilities } $
$\begin{array} { | c | c | }

\hline \text { Socks } & \text { Glasses } \
\hline 1,200 & 0 \
\hline 900 & 400 \
\hline 600 & 700 \
\hline 300 & 900 \
\hline 0 & 1,000 \
\hline
\end{array}$

-Refer to Table 2-2. What is the opportunity cost to Ecoville of increasing the production of socks from 600 to 900?
A)400 glasses
B)300 glasses
C)200 glasses
D)100 glasses

Question

Table 2-2
​
 $ \text { Ecoville's Production Possibilities } $
$\begin{array} { | c | c | }

\hline \text { Socks } & \text { Glasses } \
\hline 1,200 & 0 \
\hline 900 & 400 \
\hline 600 & 700 \
\hline 300 & 900 \
\hline 0 & 1,000 \
\hline
\end{array}$ ​
​
-Refer to Table 2-2. What is the opportunity cost to Ecoville of increasing the production of socks from 600 to 900?
A)400 glasses
B)300 glasses
C)200 glasses
D)100 glasses

Quizplus · Accepted Answer

The opportunity cost of increasing sock production from 600 to 900 is the reduction in glasses production from 700 to 400, which is 300 glasses.

Table 2-2 ​ Ecoville’s Production Possibilities \text { Ecoville's Production Possibilities } Ecoville’s Production Possibilities

Table 2-2
$\text { Ecoville's Production Possibilities }$