Use the following information on a hypothetical economy to answer questions 4 to 6: 230 Can (000) 200 E PPC OA) Punt A O

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Use The Following Information On A Hypothetical Economy To Answer Questions 4 To 6 230 Can 000 200 E Ppc Oa Punt A O 1 (29.84 KiB) Viewed 9 times

Use the following information on a hypothetical economy to answer questions 4 to 6: 230 Can (000) 200 E PPC OA) Punt A OB) Point O Point F CPC 250 The diagram above represents an OA) Open economy OB) Closed economy Oc) inefficient economy OD) None of the above The optimal production level in this economy is represented by: OA) Statement 1 only OB) Statebent 1 and 2 only 0 330 Computers (000) Oc) statement 2 and 3 only OD) Statement 3 and 4 only OD) Paint At the optimal production level, which of the following statements is/are true? 1. Opportunity cost of producing one more computer opportunity cost of purchasing one more car 2. Opportunity cost of producing one more car- opportunity cast of purchasing one more computer 3. Opportunity cost of producing one more computer opportunity cost of purchasing one more computer 4. Opportunity cost of producing one more car opportunity cost of purchasing one more car