-If the economy were producing at point A and moved to point B the opportunity cost in terms of lost production of robots would be
A)1 unit of robots.
B)2 units of robots.
C)3 units of robots.
D)2 units of outboard motors.

Question

-If the economy were producing at point A and moved to point B the opportunity cost in terms of lost production of robots would be
A)1 unit of robots. 
B)2 units of robots. 
C)3 units of robots. 
D)2 units of outboard motors.

Quizplus · Accepted Answer

The opportunity cost is the amount of robots lost when moving from point A to point B, which is 2 units of robots.

-If the Economy Were Producing at Point a and Moved