Multiple Choice
-In the above figure, which of the following is TRUE regarding the movements from point A to B and from point C to D? I) The movement from point A to B shows that the economy has chosen to produce 100 more jets.
II) The movement from point C to D shows that the economy has chosen to produce 100 more jets.
III) The movement from point A to B and from point C to D have the same opportunity cost.
A) I and II
B) I and III
C) II and III
D) I, II and III
Correct Answer:

Verified
Correct Answer:
Verified
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