The following graph is the production possibilities curve of a nation: Refer to the above graph. The total opportunity cost of nine drill presses is:
A) 1 unit of bread
B) 1 unit of drill presses
C) 3 units of bread
D) 10 units of drill presses

Question

The following graph is the production possibilities curve of a nation:  Refer to the above graph. The total opportunity cost of nine drill presses is:
A) 1 unit of bread 
B) 1 unit of drill presses 
C) 3 units of bread 
D) 10 units of drill presses

Quizplus · Accepted Answer

According to the graph, in order to produce 9 drill presses, the nation needs to give up producing 3 units of bread. Therefore, the total opportunity cost of 9 drill presses is 3 units of bread.

The Following Graph Is the Production Possibilities Curve of a Nation