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A Nation Can Produce Two Products: Tanks and Autos

Question 356

Multiple Choice

A nation can produce two products: tanks and autos. The table below is the nation's production possibilities schedule. A nation can produce two products: tanks and autos. The table below is the nation's production possibilities schedule. If the nation produces more and more tanks, the opportunity cost of each additional tank in terms of autos A) remains constant. B) falls. C) increases. D) cannot be measured. If the nation produces more and more tanks, the opportunity cost of each additional tank in terms of autos


A) remains constant.
B) falls.
C) increases.
D) cannot be measured.

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