Question
Calculate marginal opportunity cost of cloth in terms of sugar at different production possibilities from the following hypothetical data of a country.
|
Production possibilities |
Cloth (million metres) |
Sugar (million kg) |
||
|
A |
0 |
50 |
||
|
B |
1 |
45 |
||
|
C |
2 |
40 |
||
|
D |
3 |
35 |
||
|
E |
4 |
25 |
||
|
F |
5 |
20 |
||
Solution
Solution not provided.
