Production Alternative Types of Production A В C E Robots 250 450 650 850 Wheat 130 117 109 89 What is the opportunity cost of moving from point B to point C?
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- Opportunity costs arise due toa. resource scarcity.b. lack of alternatives.c. limited wants.d. abundance of resources.Combination Cinnamon metric tons (X axis) Nutmeg metric tons (Y axis) A 7,000 0 B 6,000 7,000 C 4,500 11,000 D 2,500 14,000 E 0 16,000 What is the opportunity cost (amount & item) of the first 7,000 tons of nutmeg produced? ______________________ What is the opportunity cost (amount & item) of increasing production from 7,000 tons of nutmeg to 11,000 tons of nutmeg ? ________________ What is the opportunity cost (amount & item )of increasing production from 11,000 tons of nutmeg to 14,000 tons of nutmeg ? _____________ What is the opportunity cost (amount & item) of increasing production from 14,000 tons of nutmeg to 16,000 tons of nutmeg ? ________________ What is happening to the opportunity cost as Copperton produces more nutmeg? ____________________________________0/15020/12040/60if dave produces 0 lbs of green beans, the opportunity cost of producing 20 more lbs would be: ?
- The opportunity cost of moving from point H to point G in the above picture is (specify amount and good, ie: 5009 guns)Britain must give up the production of 75 hats to produce 25 additional sweaters. The opportunity cost of producing 4 sweaters is _____ hats. Select one: a. 4 b. 12 c. 71 d. 79Corn (lb) Scarves(#)U.S. 20 10Mexico 25 5 What is the opportunity cost of one scarf in Mexico? a. 3 lbs of corn b. 1/3 lb of corn c. 2 lbs of corn d. 5 lbs of corn PreviousNext
- A point inside the production possibilities frontier isa. efficient but not feasible.b. feasible but not efficient.c. both efficient and feasible.d. neither efficient nor feasibleUse the information in the table to answer the below questions. Production Possibilities Frontier Points Number of Bagels Number of Shirts A 15,000 0 B 14,000 100 C 12,000 200 D 9,000 300 E 5,000 400 F 0 500 What must be done in order to produce a combination of 12,000 bagels and 400 shirts?Will all the oppotuniy cost be 1 im so confused Calculate the opportunity cost of producing the first 10 and the last 10 missiles. Missiles vs. Milk (millions of gallons) 0 4010 3020 2030 1040 0
- One of these four answers represents a country or a group of countries that is or are the least prepared to damage the quality of their environment for some additional economic production. Which one? Group of answer choices the European Union Ohio command economies ChinaThe emergence of Covid-19 should affect developing countries more adversely than technically advanced nations such as the United States. This statement is best described as a. a normative statement b. a theoretical statement c. a positive statement d. a microeconomics statementA shift outward of the production possibilities frontier line indicates what?