Question

An economy produces two goods: T-shirts and cell phones. The following table summarizes its PPC. Calculate the marginal opportunity costs of T-shirts at various combinations. (NCERT)

T-shirts (in millions)	Cell phones (in thousands)
0	90000
1	80000
2	68000
3	52000
4	34000
5	10000

Answer 1

T-shirts (in millions)	Cell phones (in thousands)	Marginal opportunity cost
0	90000	-
1	80000	10000
2	68000	12000
3	52000	16000
4	34000	18000
5	10000	24000