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Question 16

Multiple Choice

Use the following to answer questions : Use the following to answer questions : -(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. If an economy is producing at X, the opportunity cost to it of producing at Y is _____ units of consumer goods per period. A) 2 B) 1 C) 6 D) 18
-(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. If an economy is producing at X, the opportunity cost to it of producing at Y is _____ units of consumer goods per period.


A) 2
B) 1
C) 6
D) 18

Correct Answer:

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