Answer the question on the basis of the following production possibilities table for two countries, North Cantina and South Cantina. Capital Goods Consumer Goods Capital Goods Consumer Goods A 5 0 Multiple Choice North Cantina Production Possibilities E A 5 0 B 4 10 B 4 8 6 units of consumer goods. C 3 18 1/4 of a unit of consumer goods. South Cantina Production Possibilities E 1 25 C D 3 15 2 24 D 1 28 2 21 F 0 30 Refer to the table. If South Cantina is producing at production alternative E, the opportunity cost of the second unit of capital goods will be F 0 27

Answer the question on the basis of the following production possibilities table for two countries, North Cantina and South Cantina. Capital Goods Consumer Goods Capital Goods Consumer Goods A 5 0 Multiple Choice North Cantina Production Possibilities E A 5 0 B 4 10 B 4 8 6 units of consumer goods. C 3 18 1/4 of a unit of consumer goods. South Cantina Production Possibilities E 1 25 C D 3 15 2 24 D 1 28 2 21 F 0 30 Refer to the table. If South Cantina is producing at production alternative E, the opportunity cost of the second unit of capital goods will be F 0 27

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

#30

Capital Goods
Consumer Goods
5
0
Multiple Choice
6 units of consumer goods.
4
8
1/4 of a unit of consumer goods.
4 units of consumer goods.
Refer to the table. If South Cantina is producing at production alternative E, the opportunity cost of the second unit of capital
goods will be
1 unit of consumer goods.
3
15
2
21
1
25
0
27
G

Answer the question on the basis of the following production possibilities table for two countries, North Cantina and South
Cantina.
Capital Goods
Consumer Goods
Capital Goods
Consumer Goods
A
5
0
Multiple Choice
North Cantina Production Possibilities
E
A
5
0
B
4
10
B
4
8
6 units of consumer goods.
C
3
18
1/4 of a unit of consumer goods.
South Cantina Production Possibilities
E
1
25
C
D
3
15
2
24
D
1
28
2
21
F
0
30
Refer to the table. If South Cantina is producing at production alternative E, the opportunity cost of the second unit of capital
goods will be
F
0
27

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