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Figure 2-10 -Refer to Figure 2-10. If the Economy Moves from Point

Question 43

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Figure 2-10 Figure 2-10   -Refer to Figure 2-10. If the economy moves from point C to point B, then which of the following statements is correct? A)  The economy benefited from a technological advance in the production of baseballs. B)  The opportunity cost of each additional baseball is 2 bananas. C)  The opportunity cost of each additional banana is 2 baseballs. D)  The move involves no opportunity cost; it simply reflects the desires of the economy's citizens.
-Refer to Figure 2-10. If the economy moves from point C to point B, then which of the following statements is correct?


A) The economy benefited from a technological advance in the production of baseballs.
B) The opportunity cost of each additional baseball is 2 bananas.
C) The opportunity cost of each additional banana is 2 baseballs.
D) The move involves no opportunity cost; it simply reflects the desires of the economy's citizens.

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