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avinash0312 avinash0312
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5 years ago Edited: 5 years ago, bio_man

Question 1.

Figure 2-6




Refer to Figure 2-6. If the economy is currently producing at point E, what is the opportunity cost of moving to point B?

• 13 thousand hammers

• 10 thousand hammers

• 30 thousand wrenches

• 0 wrenches

Question 2.

Figure 2-6




Refer to Figure 2-6. If the economy is currently producing at point E, what is the gain in production if the economy moves to point D?

• 13 thousand hammers

• 10 thousand hammers

• 8 thousand wrenches

• 0 wrenches
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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JennyyyJennyyy
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5 years ago
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avinash0312 Author
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#2
5 years ago
Exactly what I needed for my project, TYSM
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