The Production Possibilities Table Below Shows the Hypothetical Relationship Between

Multiple Choice

The production possibilities table below shows the hypothetical relationship between the production of capital goods and consumer goods in an economy. Refer to the table above.What is the opportunity cost of producing the first three units of capital goods?

A) 6 units of consumer goods
B) 7 units of consumer goods
C) 15 units of consumer goods
D) 22 units of consumer goods
Producing the first three capital goods requires giving up 15 (22 - 7 = 15) consumer goods.