-The table above shows the production possibilities for an economy.The opportunity cost of a loaf of bread is ________ when moving from possibility B to possibility C.
A) 1/2 of a book
B) 2 books
C) 200 books
D) 100 loaves of bread
E) 1 loaf of bread

Question

-The table above shows the production possibilities for an economy.The opportunity cost of a loaf of bread is ________ when moving from possibility B to possibility C.
A) 1/2 of a book 
B) 2 books 
C) 200 books 
D) 100 loaves of bread 
E) 1 loaf of bread

Quizplus · Accepted Answer

Moving from possibility B to C, the economy produces 1 more loaf of bread but produces 2 fewer books. Therefore, the opportunity cost of producing an additional loaf of bread is 2 books.

-The Table Above Shows the Production Possibilities for an Economy