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. If this table shows the production possibility frontier and Urbanville is producing at combination F, what is the opportunity cost of a move to combination E?
A)5 of Z
B)20 of Z
C)25 of X
D)0 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. If this table shows the production possibility frontier and Urbanville is producing at combination F, what is the opportunity cost of a move to combination E?
A)5 of Z 
B)20 of Z 
C)25 of X 
D)0 of X

Quizplus · Accepted Answer

The opportunity cost of moving from combination F to E is the amount of Good Z that must be given up, which is 5 units of Z.

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