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Fill in each blank with the correct number from the table.
Based on the data in the table, the opportunity cost for Country A to produce 16 units of petroleum is ___________ units of seafood.
The opportunity cost for Country B to produce 8 units of petroleum is ___________
units of seafood.

Fill in each blank with the correct number from the table Based on the data in the table the opportunity cost for Country A to produce 16 units of petroleum is class=

Respuesta :

dommalb

if country A decides to produce all petroleum, they are choosing not to produce 8 units of seafood. This is their opportunity costs because they are giving up the 8 units of seafood to make petroleum. The same is true for country B. If they choose petroleum, they are giving up the ability to make 8 units of seafood.

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There is 8 units of seafood.

And, there is 8 units of seafood.

The following information should be considered:

  • In the case when country A decides to produce all petroleum, they are selecting not to produce 8 units of seafood.
  • Since it is the opportunity costs because they are giving up the 8 units of seafood to make petroleum.
  • The same should be true for country B.
  • In the case when  they select petroleum, they are giving up the ability to make 8 units of seafood.

learn more: https://brainly.com/question/2289757?referrer=searchResults

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