Economics Semester Online Practice
Complete this assessment to review what you’ve learned. It will not count toward your grade.
3 of 303 of 30 Items
Question
Use the following table to determine the answer.
Tablets Laptops
250 50
200 60
150 70
100 80
50 90
The table shows the production possibilities for a technology company that produces both tablets and laptops that utilize the same resources. What is the opportunity cost of producing a single laptop?
(1 point)
Responses
The opportunity cost of producing 1 laptop is 10 tablets.
The opportunity cost of producing 1 laptop is 10 tablets.
The opportunity cost of producing 1 laptop is 50 tablets.
The opportunity cost of producing 1 laptop is 50 tablets.
The opportunity cost of producing 1 laptop is 15
of a tablet.
The opportunity cost of producing 1 laptop is 1 fifth of a tablet.
The opportunity cost of producing 1 laptop is 5 tablets.
1 answer
1 answer