Multiple Choice
The figure above shows a production possibilities frontier. In the figure, when the economy moves from point E to point D, what is the opportunity cost of a DVD?
A) zero
B) 1 cell phone
C) 0.25 cell phones
D) 4 cell phones
E) 0.5 cell phones
Correct Answer:

Verified
Correct Answer:
Verified
Q77: For country North,the opportunity cost incurred when
Q83: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - The figure
Q84: <span class="ql-formula" data-value="\begin{array} { l | c
Q85: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - The figure
Q86: Points on the PPF are all<br>A)inefficient.<br>B)production efficient.<br>C)free
Q87: Consider a production possibility frontier with jeans
Q89: When a person has a comparative advantage
Q90: If Country A can produce an extra
Q91: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - The figure
Q93: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" The figure