Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X, ceteris paribus.Complete the table by calculating the required opportunity costs for brushes and combs.
$\begin{array}{|c|c|c|c|c|c|}
\hline & \begin{array}{c}
\text { Number } \
\text { of } \
\text { Combination }
\end{array} & \begin{array}{c}
\text { Opportunity Cost } \
\text { of Brushes in } \
\text { Terms } \
\text { of Combs }
\end{array} & \begin{array}{c}
\text { Number } \
\text { of Combs }
\end{array} & \begin{array}{c}
\text { Opportunity Cost } \
\text { of Combs in Terms } \
\text { of Brushes }
\end{array} \
\hline \mathrm{J} & 0 & & 4 & \
\hline \mathrm{K} & 10 & & 3 & \
\hline \mathrm{L} & 17 & & 2 & \
\hline \mathrm{M} & 21 & & 1 & \
\hline \mathrm{N} & 23 & & 0 & \
\hline
\end{array}$
Table $1.3$
Production Possibilities for Brushes and Combs On the basis of your calculations in Table 1.3, the law of increasing opportunity costs applies to
A) Both brushes and combs.
B) Combs but not brushes.
C) Brushes but not combs.
D) Neither brushes nor combs.

Question

Quizplus · Accepted Answer

The law of increasing opportunity costs is evident as moving from producing more of one good to another (from J to N) requires giving up increasingly larger amounts of the other good, indicating a non-linear trade-off. This is shown by the changing opportunity costs for producing additional units of brushes or combs, reflecting the principle that resources are not equally efficient in producing every good.

Table 13 Shows the Hypothetical Trade-Off Between Different Combinations of Brushes