What is the opportunity cost of increasing the number of televisions produced by 4, moving from point B to point C?

1 answer:

6 0

The opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.

<h3>What is opportunity cost?</h3>

Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is something needs to be given up in order to procure something else.

If the production chart is moved from A too B, there will be a decrease in the production.

The opportunity cost by shifting the lines is giving up the items and decreasing what is actually being produced. The decrease results in an opportunity cost - which is what you give up to gain something else.

Therefore, the opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.

Learn more about opportunity cost here : brainly.com/question/1549591

You might be interested in

The Classical Theory is based on the assumption that an economy has ______________ or, if nudged away, quickly returns to that c

raketka [301]

Answer:

c. full employment

Explanation:

The classical theory states that the existence of full employment is normal in economy.To classical economists, the diversion of economy from full employment is something abnormal. Classical theory states that unemployment is caused in economy due to involvement of trade union legislation and minimum wage legislation in free market system.

So the answer is c. full employment

3 0

2 years ago

If you were to take over as inventory control manager at wheeled coach, what additional policies and techniques would you initia

alexgriva [62]

The inventory control manager at Wheeled Coach would need to have ABC investigation as well as actualize tight physical control of the stockroom. He would likewise execute a cycle tallying framework, and guarantee that issues require building change sees for those things not at first included on the bill of material. To the degree attainable, stockrooms would be united.

6 0

2 years ago

The major drawback of taking out a loan to start a company is?

steposvetlana [31]

Answer: you have to pay back the loan once you start making money. in general you have to pay back the loan. everyone wants free money.

4 0

2 years ago

Organizations created to collect and distribute contributions to political campaigns are referred to as

tangare [24]

These organizations are called Political Action Committees.

6 0

3 years ago

Your $6100 investment grows to $12200 over the course of 9 years compounded quarterly. what interest rate did you receive on you

k0ka [10]

The formula is
A=p (1+r/k)^kt
A future value 12200
P present value 6100
R interest rate ?
K compounded quarterly 4
T time 9 years

Set the equation and solve for r (interest rate)
12200=6100 (1+r/4)^(4×9)
Divide both sides by 6100
12200/6100=(1+r/4)^(36)
2=(1+r/4)^(36)
Take the root of 36 for both sides
2^(1/36)=1+r/4
R= (2^(1/36)-1)×4
R=(2^(1÷36)−1)×4
R=0.0778×100
R=7.78%

Hope it helps!

6 0

2 years ago