Multiple Choice
Use the table below to answer the following questions.
Table 2.1.1
The following table gives points on the production possibilities frontier for goods X and Y.
-Refer to Table 2.1.1.The opportunity cost of increasing the production of X from 8 to 12 units is
A) 4 units of X.
B) 4 units of Y.
C) 8 units of Y.
D) 12 units of Y.
E) 16 units of Y.
Correct Answer:

Verified
Correct Answer:
Verified
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