The table below shows the maximum potential production possibilities for a manufacturing plant producing Smartphones and Laptops.
| Output of Smartphones (thousands) | Output of Laptops (thousands) |
|---|---|
| 0 | 120 |
| 2 | 110 |
| 4 | 90 |
| 6 | 60 |
| 8 | 20 |
It can be concluded from the table that, as production of Smartphones increases, the opportunity cost of such production, in terms of Laptops:
remains constant.
falls.
rises.
rises and then falls.
