Solved

Refer to the Above Graph

Question 67

Multiple Choice

  Refer to the above graph.The total opportunity cost of nine drill presses is: A)  1 unit of bread. B)  2 units of bread. C)  3 units of bread. D)  4 units of bread. To get 9 drill presses,this economy must give up 3 (4 - 1 = 3) units of bread. Refer to the above graph.The total opportunity cost of nine drill presses is:


A) 1 unit of bread.
B) 2 units of bread.
C) 3 units of bread.
D) 4 units of bread.
To get 9 drill presses,this economy must give up 3 (4 - 1 = 3) units of bread.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents