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Plot the PPC of a nation by the following data?
04-27-2014, 03:50 PM
Post: #1
Plot the PPC of a nation by the following data?
combonation health care all other goods
A 0 100
B 25 90
C 50 70
D 75 40
E 100 0

Calculate the marginal opportunity cost of each combination.
what is the opportunity cost of combination c?

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04-27-2014, 04:05 PM
Post: #2
 
The cost of Healthcare when going from A to B is 10/20, from B to C is 15/20, from C to D is 20/20, and from D to E is 5/20. Now 10/20 > 10/25.

So C is 15/20

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