Annual Production Possibilities for a country producing only cars and computers Possibility Cars Computers 300 200 200 500 100 700 According to the table, Select one: A. a combination of 300 cars and 700 computers is possible. B. the opportunity cost of producing cars decreases as more cars are produced. O C. the opportunity cost of producing cars stays the same as more cars are produced. D. the opportunity cost of producing cars increases as more cars are produced. E. a combination of 200 cars and 700 computers is possible.
Annual Production Possibilities for a country producing only cars and computers Possibility Cars Computers 300 200 200 500 100 700 According to the table, Select one: A. a combination of 300 cars and 700 computers is possible. B. the opportunity cost of producing cars decreases as more cars are produced. O C. the opportunity cost of producing cars stays the same as more cars are produced. D. the opportunity cost of producing cars increases as more cars are produced. E. a combination of 200 cars and 700 computers is possible.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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