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Q2: Refer to the figure bellow determine the following: AUGU BO No socob fu'ely 30 20 10 10 20 go to Capital goods (mill

Posted: Wed Mar 09, 2022 8:32 am
by answerhappygod
Q2 Refer To The Figure Bellow Determine The Following Augu Bo No Socob Fu Ely 30 20 10 10 20 Go To Capital Goods Mill 1
Q2 Refer To The Figure Bellow Determine The Following Augu Bo No Socob Fu Ely 30 20 10 10 20 Go To Capital Goods Mill 1 (115.25 KiB) Viewed 30 times
Q2: Refer to the figure bellow determine the following: AUGU BO No socob fu'ely 30 20 10 10 20 go to Capital goods (millions por month) 1. Unattainable(unreachable) point_ (point that can't be reached) 2. Attainable but not efficient point_ 3. The point where only consumer goods are produced 4. The point where only capital goods are produced Choose the correct answer 1. If the economy at point a, what is the opportunity cost of moving from point a to b a. 50 capital goods that must be forgone to produce 20 additional consumer goods. b. 30 consumer goods that must be forgone to produce 60 additional capital goods. c. 40 capital goods that must be forgone to produce 40 consumer goods. d. 10 consumer goods that must be forgone to produce 12 additional capital goods. 2. If the economy at point a, what is the opportunity cost of moving from point a to a. 20 capital goods that must be forgone to produce 10 additional consumer goods. b. 12 consumer goods that must be forgone to produce 50 additional capital goods. c. 40 capital goods that must be forgone to produce 40 additional consumer goods. d. 30 consumer goods that must be forgone to produce 12 additional capital goods.