Table 1.2 shows the hypothetical trade-off between different combinations of Stealth bombers and B-1 bombers that might be produced in a year with the limited U.S.capacity,ceteris paribus.Complete the table by calculating the required opportunity costs for both the B-1 and Stealth bombers.
Table 1.2
Production Possibilities for Bombers On the basis of your calculations in Table 1.2,what is the opportunity cost of producing at point B rather than point C?
A) 45 B-1 bombers.
B) 35 Stealth bombers.
C) 180 Stealth bombers.
D) 10 B-1 bombers.
Correct Answer:
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