crayola14
Oct 19, 2011, 10:20 AM
What is the opportunity cost of producing 1 comb at point M as production moves from point N to point M
The table below shows the tradeoff between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X, ceteris paribus.
Combinations/ Number of Brushes/ Number of Combs
J /0 /4
K /10 /3
L /17 /2
M /21 /1
N /23 /0
The table below shows the tradeoff between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X, ceteris paribus.
Combinations/ Number of Brushes/ Number of Combs
J /0 /4
K /10 /3
L /17 /2
M /21 /1
N /23 /0