Multiple Choice
-Refer to the production possibilities frontier in the figure above. If the country moves from point a to point c, the opportunity cost of the move is
A) 30 million capital goods.
B) 20 million capital goods.
C) 10 million capital goods.
D) 10 million consumption goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q160: A person has a comparative advantage in
Q161: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q162: The production possibilities frontier separates<br>A) the goods
Q163: Suppose that a typical German factory can
Q164: The principle of increasing opportunity cost leads
Q166: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -A PPF, such
Q167: As long as the marginal benefit from
Q168: On the vertical axis, the production possibilities
Q169: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q170: Which of the following statements regarding the