Figure 2-4

-Refer to Figure 2-4.Suppose the economy is at point A.What is the opportunity cost of increasing the production of toothbrushes by 20 units

Question

Figure 2-4
 
-Refer to Figure 2-4.Suppose the economy is at point A.What is the opportunity cost of increasing the production of toothbrushes by 20 units

Quizplus · Accepted Answer

The opportunity cost of increasing the production of toothbrushes by 20 units is the number of toasters that must be given up. According to the information provided, moving from point A to produce 20 more toothbrushes results in a loss of 10 toasters.

Figure 2-4 -Refer to Figure 2-4.Suppose the Economy Is at Point A.What