Solved

The Opportunity Cost of Increased Production of Some Good Can

Question 63

Multiple Choice

The opportunity cost of increased production of some good can be measured with


A) the slope of a ray to the production possibilities curve.
B) the area under the curve of a production possibilities curve.
C) the area of the rectangle bounded by the axes and the point on the production possibilities curve.
D) the slope of the production possibilities curve.
E) All of the responses are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions