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Q. According to Table 2, the opportunity cost of increasing one unit of Good Y from 10 units to 18 units is:
  • a)
    3 units of X
  • b)
    1 unit of X
  • c)
    0.125 units of X
  • d)
    0.5 units of X
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Q.According to Table 2, the opportunity cost of increasing one unit of...
Opportunity cost = lost unit x÷ gain unit y
for 10 unit to 18 unit of y we lost 1 unit of x to get 8 unit of y
so opportunity cost = 1÷8=0.125
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Q.According to Table 2, the opportunity cost of increasing one unit of Good Y from 10 units to 18 units is:a)3 units of Xb)1 unit of Xc)0.125 units of Xd)0.5 units of XCorrect answer is option 'C'. Can you explain this answer?
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Q.According to Table 2, the opportunity cost of increasing one unit of Good Y from 10 units to 18 units is:a)3 units of Xb)1 unit of Xc)0.125 units of Xd)0.5 units of XCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Q.According to Table 2, the opportunity cost of increasing one unit of Good Y from 10 units to 18 units is:a)3 units of Xb)1 unit of Xc)0.125 units of Xd)0.5 units of XCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q.According to Table 2, the opportunity cost of increasing one unit of Good Y from 10 units to 18 units is:a)3 units of Xb)1 unit of Xc)0.125 units of Xd)0.5 units of XCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Q.According to Table 2, the opportunity cost of increasing one unit of Good Y from 10 units to 18 units is:a)3 units of Xb)1 unit of Xc)0.125 units of Xd)0.5 units of XCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
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