Sunday, July 3, 2011

On a production possibilities frontier showing possible output levels of good A and good B, the opportunity cost of producing the first 10 units

ECONOMICS

Multiple Choice

Multiple Choice

On a production possibilities frontier showing possible output levels of good A and good B, the opportunity cost of producing the first 10 units of A will usually be

a.the same as the opportunity cost of producing the second 10 units of A

b.less than the opportunity cost of producing the second 10 units of A

c.greater than the opportunity cost of making the second 10 units of A

d.10 units of A

e.10 units of B

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