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 Y from 16 to 36 units is
A) 4 units of X.
B) 8 units of X.
C) 12 units of X.
D) 16 units of X.
E) 20 units of Y.
Correct Answer:

Verified
Correct Answer:
Verified
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