Use the following to answer questions :
-(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. If an economy is producing at X, the opportunity cost to it of producing at Y is _____ units of consumer goods per period.
A)2
B)1
C)6
D)18

Question

Use the following to answer questions : 
-(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. If an economy is producing at X, the opportunity cost to it of producing at Y is _____ units of consumer goods per period.
A)2 
B)1 
C)6 
D)18

Quizplus · Accepted Answer

The opportunity cost of moving from point X to point Y is the amount of consumer goods that must be given up. According to the table, this is 6 units of consumer goods.

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