The table below describes the production possibilities frontier (PPF) confronting an economy. Using the information given to produce a fifth unit of homeless shelters the opportunity cost would be? Potential Output Combinations Homeless Shelters Hospitals A 25 0 B 21 1 C 16 2 D 9 3 E 0 4

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Q: Problem Attached

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Opportunity Cost Analysis

Opportunity cost refers to the loss of potential benefits when choosing one alternative over another. It is the tradeoff a person makes, or the potential gains they miss out on, because of their choice. To analyze opportunity cost, we must consider the benefits and tradeoffs of each available option.