Answer to Question #216750 in Microeconomics for POO

Question #216750

v> Combination

Tablet (units) Coffee (units)

A 0 10,000

B 100 9,000

C 200 7,500

D 300 5,500

E 400 0


Find the opportunity cost incurred by the economy to change production from

combination B to D.

(2 marks)


1
Expert's answer
2021-07-13T13:25:25-0400

We need to find the difference between B and D

"=" 9000"-" 5500"=" 3500

Therefore to increase tablet units by 200 units the Opportunity cost will reduce by 3500


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