Japan, at the Point at Which It Is Currently Producing

question 222

Essay

Japan, at the point at which it is currently producing, must give up the production of 75 computers to produce 25 additional cellular telephones.Which of the following is the opportunity cost of producing 3 computers?
A.1 cellular telephone
B.3 cellular telephones
C.22 cellular telephones
D.28 cellular telephones

---

Definitions:

Rational Process

A systematic approach to problem-solving based on logical reasoning, critical analysis, and factual evidence.

Logical

Relating to or involving the process of reasoning and the use of the mind to analyze facts and make decisions based on evidence and sound principles.

Value Chain

A series of activities that a company performs to deliver a valuable product or service to its customers.

Channels of Distribution

The pathways through which goods and services flow from the producer to the consumer or end-user in the market.