A production possibilities table for DVDS and computers is shown below. Production Alternatives B Type of Production Computers DVDS A D E 20 68 40 53 60 80 80 30 Instructions: Enter your answers as a whole number. a. What is the opportunity cost of computers when moving from point A to point B? DVDS b. What is the opportunity cost of computers when moving from point B to point C? DVDS

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter3: Scarcity, Trade-offs, And Production Possibilities
Section: Chapter Questions
Problem 6P
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A production possibilities table for DVDS and computers is shown below.
Production Alternatives
Type of Production
A
B
D
E
Computers
20
40
60
80
DVDS
80
68
53
30
Instructions: Enter your answers as a whole number.
a. What is the opportunity cost of computers when moving from point A to point B?
DVDS
b. What is the opportunity cost of computers when moving from point B to point C?
DVDS
Transcribed Image Text:A production possibilities table for DVDS and computers is shown below. Production Alternatives Type of Production A B D E Computers 20 40 60 80 DVDS 80 68 53 30 Instructions: Enter your answers as a whole number. a. What is the opportunity cost of computers when moving from point A to point B? DVDS b. What is the opportunity cost of computers when moving from point B to point C? DVDS
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