PDA

View Full Version : Microeconomics help!(5-9)


davie08
Oct9-11, 11:13 AM
1. The problem statement, all variables and given/known data

39787

Refer to the above diagram. If society is currently producing the combination of bicycles and computers shown by point D, the production of 2 more units of bicycles:
Answer


a)cannot be realized because resources are fully employed.


b)will cost 1 unit of computers.


c)will cost 2 units of computers.


d)will cause some resources to become unemployed.


2. Relevant equations



3. The attempt at a solution

these questions always screw me up but I'm pretty sure it would cost 2 computers for the production of 2 more bicycles.