Answer the question on the basis of the data given in the following production possibilities table. Capital Goods Consumer Goods A 5 0 Multiple Choice Production Possibilities (Alternatives) B E 4 5 1/2 of a unit of capital goods. 14 units of capital goods. 15 units of capital goods. C 3 9 D Refer to the table. If the economy is producing at production alternative E, the opportunity cost of the fifteenth unit of consumer goods will be approximately < Prev 2 12 1 14 45 of 60 F F Next 0 15
Answer the question on the basis of the data given in the following production possibilities table. Capital Goods Consumer Goods A 5 0 Multiple Choice Production Possibilities (Alternatives) B E 4 5 1/2 of a unit of capital goods. 14 units of capital goods. 15 units of capital goods. C 3 9 D Refer to the table. If the economy is producing at production alternative E, the opportunity cost of the fifteenth unit of consumer goods will be approximately < Prev 2 12 1 14 45 of 60 F F Next 0 15
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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#45
![Answer the question on the basis of the data given in the following production possibilities table.
Capital Goods
Consumer Goods
A
5
0
Multiple Choice
Production Possibilities (Alternatives)
B
E
4
5
1/2 of a unit of capital goods.
14 units of capital goods.
15 units of capital goods.
с
3
9
D
Refer to the table. If the economy is producing at production alternative E, the opportunity cost of the fifteenth unit of
consumer goods will be approximately
< Prev
2
12
1
14
45 of 60 ⠀⠀⠀
F
Next
0
15](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffe223ed1-0eef-4aa7-81fb-8aaf15ad7743%2F3f1b04f8-ffed-4450-936c-44aa72b3a5b2%2Fmttmx7s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Answer the question on the basis of the data given in the following production possibilities table.
Capital Goods
Consumer Goods
A
5
0
Multiple Choice
Production Possibilities (Alternatives)
B
E
4
5
1/2 of a unit of capital goods.
14 units of capital goods.
15 units of capital goods.
с
3
9
D
Refer to the table. If the economy is producing at production alternative E, the opportunity cost of the fifteenth unit of
consumer goods will be approximately
< Prev
2
12
1
14
45 of 60 ⠀⠀⠀
F
Next
0
15
![Refer to the table. If the economy is producing at production alternative E, the opportunity cost of the fifteenth unit of
consumer goods will be approximately
Multiple Choice
O
1/2 of a unit of capital goods.
14 units of capital goods.
15 units of capital goods.
1 unit of capital goods.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffe223ed1-0eef-4aa7-81fb-8aaf15ad7743%2F3f1b04f8-ffed-4450-936c-44aa72b3a5b2%2F6oa0v8o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Refer to the table. If the economy is producing at production alternative E, the opportunity cost of the fifteenth unit of
consumer goods will be approximately
Multiple Choice
O
1/2 of a unit of capital goods.
14 units of capital goods.
15 units of capital goods.
1 unit of capital goods.
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