Multiple Choice
The production possibilities curve below shows the hypothetical relationship between the production of capital goods and consumer goods in an economy. Refer to the above table.What is the total opportunity cost of producing two units of capital goods?
A) 4 units of consumer goods
B) 5 units of consumer goods
C) 9 units of consumer goods
D) 13 units of consumer goods
Correct Answer:

Verified
Correct Answer:
Verified
Q42: The "economic perspective" entails:<br>A)rational behaviour by individuals
Q63: One of the basic economic defences of
Q120: Refer to the diagram below.Points A, B,
Q121: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" The above data
Q123: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q128: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q231: The typical production possibilities curve is:<br>A)an upward
Q232: Assume that a change in government policy
Q234: Which of the following would be most
Q244: As used in economics, the notion of