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-(Table: Production Possibilities Schedule I)Use Table: Production Possibilities Schedule I.The opportunity cost of producing the third unit of consumer goods is _____ units of capital goods.
A)2
B)4
C)6

Question

Use the following to answer question:

-(Table: Production Possibilities Schedule I)Use Table: Production Possibilities Schedule I.The opportunity cost of producing the third unit of consumer goods is _____ units of capital goods.
A)2 
B)4 
C)6

Quizplus · Accepted Answer

The opportunity cost of producing the third unit of consumer goods is the amount of capital goods that must be given up to produce it. From the second to the third unit of consumer goods, the production of capital goods decreases from 18 to 12, a difference of 6 units. This is the opportunity cost.

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