Production possibilities tables for two countries, North Cantina and South Cantina: North Cantina Production possibiliti
Posted: Sun Jun 05, 2022 12:13 pm
Production possibilities tables for two countries, North Cantina and South Cantina: North Cantina Production possibilities (alternatives) A B C D E F 4 3 1 0 Capital goods Consumer goods 10 18 28 30 South Cantina Production possibilities (alternatives) A B C E F Capital goods 5 4 3 2 0 Consumer goods 0 8 15 21 25 27 Refer to the above tables. If North Cantina is producing at production alternative B, the opportunity cost of the eleventh unit of consumer goods will be: 10 units of capital goods. 1/4 of a unit of capital goods 8 units of capital goods. 1/8 of a unit of capital goods. 15 0 2 24 D 11