-The Above Table Shows Production Combinations on a Country's Production

question 326

Multiple Choice

-The above table shows production combinations on a country's production possibilities frontier. What is the opportunity cost of increasing the production of X from 0 to 3 units?

• A) 0 units of good Y
• B) 3 units of good Y
• C) 40 units of good Y
• D) 4/3 units of good Y for every one unit of good X

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Definitions:

Teams

Groups of people working together towards a common goal.

Traverse

To move or travel across, through, or over a specific area or space.

Informal Groups

Naturally occurring groups within organizations or social settings, formed based on common interests, friendships, or identities, without formal structure.

Organizational Goals

The objectives or targets that an organization aims to achieve in a specific timeframe.