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The Diagram Below Shows Two Production Possibilities Boundaries for Country

Question 12

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The diagram below shows two production possibilities boundaries for Country X.
The diagram below shows two production possibilities boundaries for Country X.    FIGURE 1- 4 -Refer to Figure 1- 4.If Country X were producing at point C, A) it is not possible to move to any point on PPB1 or PPB2 without technological progress. B) the opportunity cost of moving to point A is to give up some capital goods. C) the opportunity cost of moving to point B is to give up some consumption goods. D) the opportunity cost of moving to point A is zero. E) this is the maximum output possible from given resources. FIGURE 1- 4
-Refer to Figure 1- 4.If Country X were producing at point C,


A) it is not possible to move to any point on PPB1 or PPB2 without technological progress.
B) the opportunity cost of moving to point A is to give up some capital goods.
C) the opportunity cost of moving to point B is to give up some consumption goods.
D) the opportunity cost of moving to point A is zero.
E) this is the maximum output possible from given resources.

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