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Draw a transf...

Question

Draw a transformation curve, given the following possibilities of production (resources and technology remains constant). Also, find the marginal opportunity cost when more and more guns are produced in place of bread.
Guns(Units) 0 1 2 3 4 5
Bread (Units) 30 28 24 18 10 0

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Solution

Guns
(units)
Bread(units)
marginal opportunity cost
0 30 0
1 28 2
2 24 4
3 18 6
4 10 8
5 0 10

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