Question

production possibilities for movies and laptops
combination\tlaptops\tmovies
a\t0\t5
b\t15\t4
c\t26\t3
d\t33\t2
e\t36\t1
f\t37\t0
based on the information in the above table, the opportunity cost of producing the fourth movie is:
a 11 laptops
b 15 laptops
c 26 laptops
d none of the above are true

Explanation:

Step1: Identify relevant production points

To produce the 4th movie, we move from combination B (4 movies, 15 laptops) to combination A (5 movies, 0 laptops).

Step2: Calculate laptop quantity change

Find the difference in laptop production:
$\text{Opportunity Cost} = 15 - 0 = 15$

Answer:

B. 15 laptops