$$\begin{array} { | l | l | }
\hline \begin{array} { l }
\text { Cheese } \
\text { (tons) }
\end{array} & \begin{array} { l }
\text { DVDs } \
\text { (thousands } \
\text { ) }
\end{array} \
\hline 0 & 60 \
\hline 2 & 56 \
\hline 4 & 48 \
\hline 6 & 36 \
\hline 8 & 20 \
\hline 10 & 0 \
\hline
\end{array}$$
-The table above lists six points on the production possibilities frontier for cheese and DVDs. What is the opportunity cost of producing the 7th ton of cheese?
A) 8 DVDs per ton of cheese
B) 28 DVDs per ton of cheese
C) 20 DVDs per ton of cheese
D) 16 DVDs per ton of cheese

Question

$$\begin{array} { | l | l | } 
\hline \begin{array} { l } 
\text { Cheese } \
\text { (tons) }
\end{array} & \begin{array} { l } 
\text { DVDs } \
\text { (thousands } \
\text { ) }
\end{array} \
\hline 0 & 60 \
\hline 2 & 56 \
\hline 4 & 48 \
\hline 6 & 36 \
\hline 8 & 20 \
\hline 10 & 0 \
\hline
\end{array}$$
-The table above lists six points on the production possibilities frontier for cheese and DVDs. What is the opportunity cost of producing the 7th ton of cheese?
A) 8 DVDs per ton of cheese
B) 28 DVDs per ton of cheese
C) 20 DVDs per ton of cheese
D) 16 DVDs per ton of cheese

Quizplus · Accepted Answer

The opportunity cost of producing the 7th ton of cheese is 8 DVDs per ton of cheese. This is because the production possibilities frontier shows that in order to produce the 7th ton of cheese, the economy must give up 8 DVDs.

-The Table Above Lists Six Points on the Production Possibilities