Economics 9708 · AS & A Level · Scarcity, choice and opportunity cost

Scarcity, choice and opportunity cost — practice question

Using a fixed quantity of resources, a business produces 100 units of good Y and 200 units of good X. It then plans to raise output of good Y to 120 units, and because of this it can produce only 170 units of good X. What is the opportunity cost of making the additional 20 units of good Y?

  • A20 units of good X
  • B30 units of good X
  • C120 units of good X
  • D170 units of good X

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