Multiple Choice
Figure 3-7
-In Figure 3-7, if we compare a move from point B to C with a move from point A to point B, we can see that
A) the opportunity cost of the move from B to C is higher than the opportunity cost of a move from A to B.
B) the opportunity cost of the move from B to C is lower than the opportunity cost of a move from A to B.
C) the opportunity cost of the move from B to C is equal to the opportunity cost of a move from A to B.
D) the production possibilities frontier has a positive slope.
Correct Answer:

Verified
Correct Answer:
Verified
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