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Unformatted text preview: by point D, the production of 2 more units of bicycles: A) cannot be achieved because resources are fully employed. B) will cost 1 unit of computers. C) will cost 2 units of computers. D) will cause some resources to become unemployed. 4. Answer the next question(s) on the basis of the following production possibilities tables for two countries, North Cantina and South Cantina: Refer to the above tables. If North Cantina is producing at production alternative B, the opportunity cost of the eleventh unit of consumer goods will be: A) 10 units of capital goods. B) 1/4 of a unit of capital goods. C) 8 units of capital goods. D) 1/8 of a unit of capital goods....
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This note was uploaded on 03/31/2010 for the course ECON 118 taught by Professor Miranda during the Spring '10 term at Bowling Green.
- Spring '10