Use the following to answer questions :
-(Table: Production of Good Z and Good X in Urbanville) Look at the table Production of Good Z and Good X in Urbanville. Suppose this table shows the production possibility frontier. Urbanville is producing at combination C and moves to combination D. What is the opportunity cost of this move?
A)15 of X
B)5 of Z
C)15 of Z
D)45 of X

Question

Use the following to answer questions : 
-(Table: Production of Good Z and Good X in Urbanville) Look at the table Production of Good Z and Good X in Urbanville. Suppose this table shows the production possibility frontier. Urbanville is producing at combination C and moves to combination D. What is the opportunity cost of this move?
A)15 of X 
B)5 of Z 
C)15 of Z 
D)45 of X

Quizplus · Accepted Answer

The opportunity cost of moving from combination C to D is the amount of Good X that must be given up, which is 15 units of X.

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