Hey! Sign in to get help with your study questionsNew here? Join for free to post

Opportunity Cost Confusion

Announcements Posted on
TSR's new app is coming! Sign up here to try it first >> 17-10-2016
    • Thread Starter


    So I need some help with something,

    To start off with I do know what opportunity costs are and how they work and I do know about increasing opportunity costs, however...

    I've come across a question that is asking about the opportunity cost of the amount of beer in terms of wine but both amounts increase/decrease differently. Could anyone help me with working out the opportunity cost here:

    Name:  2016-10-12 01_30_49-Tutorial 1 Questions – (2016-17 BS1163) Introduction to ....png
Views: 11
Size:  3.5 KB

    "What is the opportunity cost of beer (in terms of wine) for country B?"


    i think its 200/150 if I remember my a levels correctly.

    You should draw the PPC graph and then it should be clear.
Write a reply…


Submit reply


Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?
  2. this can't be left blank
    this email is already registered. Forgotten your password?
  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. Oops, you need to agree to our Ts&Cs to register
  2. Slide to join now Processing…

Updated: October 22, 2016
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Do you like sleeping in a cold room?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.