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Refer to Table 1. Suppose the country is producing 20 units of consumer goods. What is the opportunity cost of producing an additional 10 units of consumer goods? Table 1 Capital Goods 60 58 54 48 40 30 18 10 20 30 40 50 70 O 10 units of Capital goods. O 6 units of Capital goods None of these 54 units of Capital goods. 48 units of Capital goods
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Answer : Option B is correct. The opportunity cost of producing an additional 10 units of consumer good is 6 units of capital good. As resources are limited and they are utilised either in capital or consumer good.When 20 units of consumer good produced than capital goods produced is 54units where as when 30 units of consumer good produced than 48 units of capital good.It means 6 units has been foregone.

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