-Refer to Exhibit 2-9.For Alex,the opportunity cost of producing one unit of good A is ____________ unit(s) of good B.

Question

-Refer to Exhibit 2-9.For Alex,the opportunity cost of producing one unit of good A is ____________ unit(s)of good B.

Quizplus · Accepted Answer

The opportunity cost of producing one unit of good A is the amount of good B that must be given up. If Alex's production possibilities indicate that producing one unit of good A requires sacrificing 3 units of good B, then the opportunity cost is 3 units of good B.