Multiple Choice
Use the figure below to answer the following questions. Figure 2.1.2
-Refer to the production possibilities frontier in Figure 2.1.2.At point A,the opportunity cost of increasing production of Y to 80 units is
A) 10 units of Y.
B) 80 units of Y.
C) 2 units of X.
D) 3 units of X.
E) 1 unit of X.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: Use the figure below to answer the
Q47: Use the table below to answer the
Q48: The production possibilities frontier corresponding to the
Q49: The fact that resources are not equally
Q50: Use the information below to answer the
Q52: A marginal cost curve that is<br>A)a horizontal
Q53: A medical clinic employs 10 workers.Each worker
Q54: The economy illustrated by the data in
Q55: Use the figure below to answer the
Q56: To describe preferences,economists use the concept of<br>A)opportunity