Answer to Question #171673 in Accounting for naman

Question

An economy is producing two goods: Computer and Potato. The following table gives several points on this economy's production possibility frontier. Potato Computers (1000's (1000's/year) kgs/ year) 0. 60 2 50 30 A) Suppose the economy is currently producing 6000 Computers and zero kg of potato. What is the opportunity cost of producing additional 30,000 Kgs of Potato?

Answer 1

A) If the economy is currently producing 60,000 Computers and zero kg of potato, then the opportunity cost of producing additional 30,000 Kgs of Potato is 50,000 computers.