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-Refer to the Table Above, Which Gives Five Points a Nation's

Question 58

Multiple Choice

  -Refer to the table above, which gives five points a nation's PPF. What does point c mean? A)  If 8 units of X are produced, then 28 or more units of Y can be produced. B)  The opportunity cost of one more unit of X is 3.5 units of Y. C)  If 8 units of X are produced, then at most 28 units of Y can be produced. D)  The opportunity cost of one less unit of X is 3.5 units of Y.
-Refer to the table above, which gives five points a nation's PPF. What does point c mean?


A) If 8 units of X are produced, then 28 or more units of Y can be produced.
B) The opportunity cost of one more unit of X is 3.5 units of Y.
C) If 8 units of X are produced, then at most 28 units of Y can be produced.
D) The opportunity cost of one less unit of X is 3.5 units of Y.

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