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1.At point b, i. what is the opportunity cost (OC) of 10 more W? ii. 10 more Z? 2.The terms marginal cost, tradeoff, and OC

1.At point b,i. what is the opportunity cost (OC) of 10 more W? ii. 10 more Z?

2.The terms "marginal cost", "tradeoff", and OC all refer to the same thing when adjusting production.

i.What kind of OC happens in #2, when changing production along the PPF points?

ii.This means the ratio in #3 appears as a line when drawn on a graph.

900 600 300 200 300

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