(Exhibit: Opportunity Cost) Video game production increases from 15,000 games to 20,000 games. In this economy, what is the opportunity cost?
$\begin{array}{|l|l|l|l|l|l|}
\hline \text { Cell phones } & 50,000 & 40,000 & 30,000 & 20,000 & 10,000 \
\hline \text { Video games } & 15,000 & 20,000 & 35,000 & 45,000 & 50,000 \
\hline
\end{array}$

Question

(Exhibit: Opportunity Cost) Video game production increases from 15,000 games to 20,000 games. In this economy, what is the opportunity cost?
 $\begin{array}{|l|l|l|l|l|l|}
\hline \text { Cell phones } & 50,000 & 40,000 & 30,000 & 20,000 & 10,000 \
\hline \text { Video games } & 15,000 & 20,000 & 35,000 & 45,000 & 50,000 \
\hline
\end{array}$

Quizplus · Accepted Answer

The opportunity cost of increasing video game production from 15,000 to 20,000 is the decrease in cell phone production, which is from 50,000 to 40,000, resulting in a loss of 10,000 cell phones.

(Exhibit: Opportunity Cost) Video Game Production Increases from 15,000 Games