Answer to Question #135245 in Microeconomics for Bayan Ahmed

Question

Question 2: Production point Wheat (bushels) Soybeans (bushels) A 1,500 and 0 B 1,000 and 2,250 C 500 and 3,500 D 0 and 4,000 The table above gives the production possibilities frontier for a nation that produces wheat and soybeans. Use the information in that table to complete the table below, which has in it the opportunity costs of moving from one production point to another. Do not forget to note the units of the opportunity costs. Movement from Opportunity cost Movement from Opportunity cost A to B D to C B to C C to B C to D B to A

Answer 1

The answer to your question is provided in the image: