-Refer to the above diagram.Starting at point A,the opportunity cost of producing each successive unit of tractors is:
A) a constant 2 units of bread.
B) 2,4,6,and 8 units of bread.
C) 8,6,4,and 2 units of bread.
D) the reciprocal of the output of tractors.
Correct Answer:
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Q102: Q105: Production possibilities tables for two countries,North Cantina Q106: The concept of opportunity cost Q107: Q108: Production possibilities tables for two countries,North Cantina Q110: Production possibilities tables for two countries,North Cantina Q128: Opportunity cost is best defined as: Q129: A point inside the production possibilities curve Q133: Which of the following is not an Q134: The production possibilities curve has:
A) is irrelevant
A)the monetary
A)a positive slope
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