contestada

At most, a country could produce 20,000 units of Good A or 5,000 units of Good B. What is the opportunity cost of producing one
unit of Good B in terms Good A? (1 point)
o unit of Good B
o 1 unit of Good A
4 units of Good B
O 4 units of Good A

Respuesta :

Based on the information given, the opportunity cost of producing one

unit of Good B in terms Good A will be D. 4 units of Good A.

Opportunity cost simply means the cost of something when we choose another alternative. It simply means the cost of giving up on something to enjoy something else.

Based on the information given, since the country could produce 20,000 units of Good A or 5,000 units of Good B. This shows that the mathematical relationship is 1/4 which is 5000 divided by 2000. Therefore, the correct option is 4 units of Good A.

Learn more about opportunity cost on:

https://brainly.com/question/481029

Correct Option is D.

Given Information:

  • Units Produced(Good A)=20,000 units
  • Units Produced(Good B)=5,000 units

Since, the country could manufacture 20,000 units of Good A or 5,000 units of Good B, based on the data provided. The mathematical relationship is 1/4, which is 5,000 divided by 20,000. As a result, 4 units of Good A is correct option.

In conclusion, The potential gains that dwellers, investors or organization misses out on when choosing one option over another are referred to as opportunity costs.

To know more about Opportunity Cost, refer to the link:

https://brainly.com/question/24319061

Otras preguntas