According to the above table, the opportunity cost of each additional portable device in terms of televisions
A) remains constant.
B) falls as more computers are produced.
C) increases as more computers are produced.
D) is meaningless because the cost of computers cannot be expressed in terms of televisions.

Question

Quizplus · Accepted Answer

As the production of portable devices increases, the opportunity cost in terms of televisions increases as well. This is because the resources used to produce portable devices could have been used to produce televisions, and the more portable devices produced, the greater the amount of televisions that have to be given up. Therefore, the opportunity cost of producing additional portable devices increases.

According to the Above Table, the Opportunity Cost of Each