Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X, ceteris paribus.Complete the table by calculating the required opportunity costs for brushes and combs.
$\begin{array}{|c|c|c|c|c|c|}
\hline & \begin{array}{c}
\text { Number } \
\text { of } \
\text { Combination }
\end{array} & \begin{array}{c}
\text { Opportunity Cost } \
\text { of Brushes in } \
\text { Terms } \
\text { of Combs }
\end{array} & \begin{array}{c}
\text { Number } \
\text { of Combs }
\end{array} & \begin{array}{c}
\text { Opportunity Cost } \
\text { of Combs in Terms } \
\text { of Brushes }
\end{array} \
\hline \mathrm{J} & 0 & & 4 & \
\hline \mathrm{K} & 10 & & 3 & \
\hline \mathrm{L} & 17 & & 2 & \
\hline \mathrm{M} & 21 & & 1 & \
\hline \mathrm{N} & 23 & & 0 & \
\hline
\end{array}$
Table $1.3$
Production Possibilities for Brushes and Combs On the basis of your calculations in Table 1.3, what is gained by producing at point M rather than point N?
A) 23 combs.
B) 21 combs.
C) 1 comb.
D) 2 combs.

Question

Quizplus · Accepted Answer

Producing at point M rather than N results in the production of 1 comb instead of 0 combs, indicating a gain of 1 comb.

Table 13 Shows the Hypothetical Trade-Off Between Different Combinations of Brushes