Solved

Use the Figure Below to Answer the Following Questions

Question 7

Multiple Choice

Use the figure below to answer the following questions.
Table 2.3.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers. Use the figure below to answer the following questions. Table 2.3.1 The planets of Vulcan and Romulus each produce goods X and Y. The following table gives points on their production possibilities frontiers.   -Refer to Table 2.3.1.For Romulus,the opportunity cost of producing an additional unit of X is A) 4 units of Y. B) 2 units of Y. C) 2/3 units of Y. D) 1 unit of Y. E) 3/2 units of Y.
-Refer to Table 2.3.1.For Romulus,the opportunity cost of producing an additional unit of X is


A) 4 units of Y.
B) 2 units of Y.
C) 2/3 units of Y.
D) 1 unit of Y.
E) 3/2 units of Y.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions