Table 2-3 Production Possibilities for Libraryland

Multiple Choice

Table 2-3
Production Possibilities for Libraryland

-Refer to Table 2-3.Which of the following statements is correct?

A) The opportunity cost of an additional 100 books is constant at 50 magazines.
B) The opportunity cost of an additional 100 books is constant at 100 magazines.
C) Libraryland's production possibilities frontier is a straight, downward-sloping line.
D) The opportunity cost of an additional 100 books increases as more books are produced.