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Table 2-1 Production Possibilities for Toyland

Question 106

Multiple Choice

Table 2-1
Production Possibilities for Toyland
Table 2-1 Production Possibilities for Toyland -Refer to Table 2-1. Which of the following statements accurately describes the production possibilities for Toyland? A) The opportunity cost of an additional 100 dolls is 50 fire trucks. B) The opportunity cost of an additional 100 dolls is 100 fire trucks. C) Without additional information, it is impossible to determine the opportunity cost of an additional doll. D) The opportunity cost of an additional 100 dolls increases as more dolls are produced.
-Refer to Table 2-1. Which of the following statements accurately describes the production possibilities for Toyland?


A) The opportunity cost of an additional 100 dolls is 50 fire trucks.
B) The opportunity cost of an additional 100 dolls is 100 fire trucks.
C) Without additional information, it is impossible to determine the opportunity cost of an additional doll.
D) The opportunity cost of an additional 100 dolls increases as more dolls are produced.

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