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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: While moving on the production possibilities frontier, if the opportunity cost of producing one good
Post by: Loraine on Jun 20, 2015
While moving on the production possibilities frontier, if the opportunity cost of producing one good is 1/2, the opportunity cost of producing the other good (in the same range) is
A) 1/2.
B) 1/4.
C) 2.
D) 4.
E) An amount that cannot be calculated without more information.


Title: Re: While moving on the production possibilities frontier, if the opportunity cost of producing one
Post by: Dropx on Aug 18, 2015
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Title: Re: While moving on the production possibilities frontier, if the opportunity cost of producing one good
Post by: Dropx on Aug 31, 2015
Happy to help, let me know if you have any more requests.