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Retnec Retnec
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6 years ago
If a nation could produce 300 units of civilian goods and 300 units of military goods or 350 units of civilian goods and 200 units of military goods
A) the opportunity cost of 50 units of civilian goods is 300 units of military goods.
B) the opportunity cost of 100 units of military goods is 50 units of civilian goods.
C) the opportunity cost of 50 units of civilian goods is 50 units of military goods.
D) the opportunity cost of 200 units of military goods is 150 units of civilian goods.
E) the opportunity cost of 50 units of military goods is 100 units of civilian goods.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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Retnec Author
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#2
6 years ago
My exam's next week!

Perfect timing
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