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Production Possibilities Curve 40 B 30 C (4, 26) Ice-Cream Sodas (thousands) 20 L 10 0 2 6 Industrial Robots a. What is the opportunity
Production Possibilities Curve 40 B 30 C (4, 26) Ice-Cream Sodas (thousands) 20 L 10 0 2 6 Industrial Robots a. What is the opportunity cost of industrial robots in terms of ice-cream sodas when Prospera moves from point A to B? O 1,000 sodas for each additional robot O 4,000 sodas for each additional robot O 2,000 sodas for each additional robot O 8,000 sodas for each additional robotWhat is the opportunity cost of industrial robots in terms of ice-cream sodas when Prospera moves from point B to C? O 2,000 sodas for each additional robot O 4,000 sodas for each additional robot O 8,000 sodas for each additional robot O 1,000 sodas for each additional robot What is the opportunity cost of ice-cream sodas in terms of industrial robots when Prospera moves from point E to D? O 2 / 12,000 robots for each additional soda O 2 / 16,000 robots for each additional soda O 2 / 36,000 robots for each additional soda O 2 / 8,000 robots for each additional soda What is the opportunity cost of ice-cream sodas in terms of industrial robots when Prospera moves from point D to C? O 2 / 16,000 robots for each additional soda O 2 / 36,000 robots for each additional soda O 2 / 12,000 robots for each additional soda O 2 /8,000 robots for each additional soda .Do your answers in each case illustrate the law of increasing opportunity costs? (Click to select (Click Yes, they illustrate the law of increasing opportunity costs. No, they do not illustrate the law of increasing opportunity costs. ial robots would cause the production possibilities curve tob. A technological improvement in the assembly ofindustrial robots would cause the production possibilities curve to 0 shift out to the right. with both its vertical and horizontal intercepts increasing. 0 rotate upward, with the vertical intercept increasing and the horizontal intercept staying constant. 0 shift to the left, with both its vertical and horizontal intercepts decreasing. O rotate rightward, with the horizontal intercept increasing and the vertical intercept staying the same. c. lfindustrial robots can be viewed as a capital good, a decision to produce more industrial robots would cause this economy's future production possibilities curve to 0 shift out to the right, with both its vertical and horizontal intercepts increasing. 0 rotate rightward, with the horizontal intercept increasing and the vertical intercept staying the same. 0 rotate upward, with the vertical intercept increasing and the horizontal intercept staying constant. 0 shift to the left, with both its vertical and horizontal intercepts decreasing
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