Answer to Question #132705 in Microeconomics for Ibnat

Question

Compute the opportunity cost in forgone consumer goods (millions of pounds of butter) for each additional unit of military output (number of planes) produced: Military output
0
Consumer goods output Opportunity cost
100 1
90 ___
2
75 ___
3
55 ___
4
30 ___
5 0
___

Answer 1

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