Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Consider PPC1 above.
The opportunity cost of the 5th unit of X is:
Supporting Materials
Units
of Y.
125
120
110
B
90
50
2 3 4 5 6
Units of X
20 units of Y
4 units of X
110 units of Y
90 units of Y

Transcribed Image Text:Consider PPC1 above.
The opportunity cost of the 6th unit of X is:
Supporting Materials
Units
of Y,
125
120
110
90
50
2 3 4 5 6
Units of X
none of these answers is correct
90 units of Y
greater than the opportunity cost of the 3rd unit of X
50 units of Y
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