-Refer to the table above, which gives five points on a nation's PPF. The opportunity cost of increasing the production of X from 8 to 12 units is a total of
A) 8 units of Y.
B) 3.5 units of Y.
C) 1.33 units of Y.
D) 12 units of Y.

Question

-Refer to the table above, which gives five points on a nation's PPF. The opportunity cost of increasing the production of X from 8 to 12 units is a total of
A) 8 units of Y. 
B) 3.5 units of Y. 
C) 1.33 units of Y. 
D) 12 units of Y.

Quizplus · Accepted Answer

The Answer of 
-Refer to the table above, which gives five points on a nation's PPF. The opportunity cost of increasing the production of X from 8 to 12 units is a total of
A) 8 units of Y. 
B) 3.5 units of Y. 
C) 1.33 units of Y. 
D) 12 units of Y.

-Refer to the Table Above, Which Gives Five Points on a Nation's