Table 1.2 shows the hypothetical trade-off between different combinations of Stealth bombers and B-1 bombers that might be produced in a year with the limited U.S.capacity, ceteris paribus.Complete the table by calculating the required opportunity costs for both the B-1 and Stealth bombers.
On the basis of your calculations in Table 1.2, if the economy is currently producing at point C, what is the opportunity cost of producing at point B?
A) 45 B
B) 35 Stealth bombers.
C) 180 Stealth bombers.
D) 10 B
Correct Answer:
Verified
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