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1.1 Economic methodology and the economic problem

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Question 76

The table below shows the maximum daily production possibilities for a regional manufacturing plant producing Electric SUVs and Hydrogen Sedans.

Output of Electric SUVsOutput of Hydrogen Sedans
0150
15105
3070
4545
6025

It can be concluded from the table that, as the production of Electric SUVs increases, the opportunity cost of such production, in terms of Hydrogen Sedans:

rises.

falls.

remains constant.

falls and then rises.

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem