Multiple Choice
Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X,ceteris paribus. Table 1.3
Production Possibilities for Brushes and Combs
On the basis of Table 1.3,in the production range of 2 to 3 combs the opportunity cost of producing 1 more comb in terms of brushes is
A) 3.33.
B) 7.0.
C) 0.67.
D) 0.14.
Correct Answer:

Verified
Correct Answer:
Verified
Q107: Opportunity cost is<br>A)Measured only in dollars and
Q108: Explain why an economist would say,"There is
Q109: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" Refer to Figure
Q110: According to the text,there is no such
Q111: If market signals result in pollution beyond
Q113: A consequence of the economic problem of
Q114: Which of the following is an example
Q115: The points on a production possibilities curve
Q116: Table 1.2 shows the hypothetical trade-off
Q117: Which of the following has occurred when