Civilian goods 10 9 7 s 4 W 8 C 1 2 3 Defense goods E What is the opportunity cost of going from point C to D? O 1 defense good costs 4 units of a civilian good O 1 defense good costs 4/3 units of a civilian good O 1 defense good costs 3/4 units of a civilian good O 1 defense good costs 1/4 units of a civilian good

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
Section: Chapter Questions
Problem 3CQQ
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Question
Civilian goods
10
9
8
I
1
7 1
I
1
B
5
0
1
B
1
A
T
C
1
L
I
I
I
T
7
To
1
I
I
I
I
1
D
1 2
3
Defense goods
E
What is the opportunity cost of going from point C to D?
O 1 defense good costs 4 units of a civilian good
O 1 defense good costs 4/3 units of a civilian good
O 1 defense good costs 3/4 units of a civilian good
O 1 defense good costs 1/4 units of a civilian good
Transcribed Image Text:Civilian goods 10 9 8 I 1 7 1 I 1 B 5 0 1 B 1 A T C 1 L I I I T 7 To 1 I I I I 1 D 1 2 3 Defense goods E What is the opportunity cost of going from point C to D? O 1 defense good costs 4 units of a civilian good O 1 defense good costs 4/3 units of a civilian good O 1 defense good costs 3/4 units of a civilian good O 1 defense good costs 1/4 units of a civilian good
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