Imagine the United States has an absolute advantage in producing televisions and cars, but that for every car produced, the United States misses out on producing one thousand televisions. What is the United States' opportunity cost in this scenario?

A. one thousand televisions

B. one car

C. There is no opportunity cost in this situation because the United States holds absolute advantage.

D. five hundred televisions

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Emerson

24 September, 06:03

Imagine the United States has an absolute advantage in producing televisions and cars, but that for every car produced, the United States misses out on producing one thousand televisions. What is the United States' opportunity cost in this scenario?

A. one thousand televisions

B. one car

C. There is no opportunity cost in this situation because the United States holds absolute advantage.

D. five hundred televisions

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Answers (1)

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Cassius Patton · Answer 1

Well it is definitely is not C or B

I am split between C And D I don't know if they are factoring in the loss of the televisions and factoring in the gain of the car, however I am pretty sure it is A.