Multiple Choice
Table 1.1 shows the hypothetical trade-off between different combinations of Stealth bombers and B-1 bombers that might be produced in a year with the limited U.S.capacity, ceteris paribus.Complete the table by calculating the required opportunity costs for both the B-1 and Stealth bombers.
Table 1.1
Production Possibilities for Bombers The lowest opportunity cost anywhere in Table 1.1 for B-1 bombers in terms of Stealth bombers is
A) 0 Stealth bombers per B
B) 2 Stealth bombers per B
C) 1 Stealth bomber per B
D) 0.5 Stealth bomber per B
Correct Answer:
Verified
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