Example of constant opportunity cost .

Question

Using the diagram below, which of the following would not entail an opportunity cost? (more than one option may be possible). Multiple answers: Multiple answers are accepted for this question Select one or more answers and submit. For keyboard navigation... SHOW MORE ✓a A movement from A to B. b A movement from A to C. c A movement from C to B. d A movement from B to C. e A movement from C to A.

Answer 1

Question

Chapter 2, Problem 5QP

(a)

To determine

Example of constant opportunity cost.

(b)

To determine

Example of increasing opportunity cost.

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Using the diagram below, which of the following would not entail an opportunity cost? (more than one option may be possible). Multiple answers: Multiple answers are accepted for this question Select one or more answers and submit. For keyboard navigation... SHOW MORE ✓a A movement from A to B. b A movement from A to C. c A movement from C to B. d A movement from B to C. e A movement from C to A.

Hello, can you help by giving me an example to illustrate each of the following: (a) constant opportunity costs : b) increasing opportunity costs:

Suppose a production possibilities frontier includes the following combinations: Cars Washing Machines 0 1,000 100 600 200 0 What is the cost of producing an additional washing machine when 50 cars are being produced? When 150 cars are being produced? What do your answers tell you about opportunity costs?