28. (Table: Production Possibilities Schedule II) Look at the table Production P

Question

28.

(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. If the economy is producing at alternative X, the opportunity cost of producing at Y instead of X is _____ units of consumer goods per period.

0

6

8

14

28.

(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. If the economy is producing at alternative X, the opportunity cost of producing at Y instead of X is _____ units of consumer goods per period.

0

6

8

14

Table: Production Possibilities Schedule II Production alternatives Capital goods per period Consumer goods per period 20 18 14 0

Explanation / Answer

Solution :- The Correct answer is (C) that is 8

the opportunity cost of producing at Y instead of X is _8_ units of consumer goods per period

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