The following economy produces two products. Refer to the above table.The total opportunity cost of the three units of tanks is:
A) 200 units of autos.
B) 350 units of autos.
C) 650 units of autos.
D) 1000 units of autos. To get 3 units of tanks,this economy had to give up 350 (1,000 - 650 = 350)autos.

Question

The following economy produces two products.  Refer to the above table.The total opportunity cost of the three units of tanks is:
A) 200 units of autos. 
B) 350 units of autos. 
C) 650 units of autos. 
D) 1000 units of autos. To get 3 units of tanks,this economy had to give up 350 (1,000 - 650 = 350)autos.

Quizplus · Accepted Answer

The Answer of The following economy produces two products.  Refer to the above table.The total opportunity cost of the three units of tanks is:
A) 200 units of autos. 
B) 350 units of autos. 
C) 650 units of autos. 
D) 1000 units of autos. To get 3 units of tanks,this economy had to give up 350 (1,000 - 650 = 350)autos.

The Following Economy Produces Two Products