Multiple Choice
Figure 2-4
Graph (a)
Graph (b)
-Refer to Figure 2-4, Graph (a) and Graph (b) . Which of the following is not a result of the shift of the economy's production possibilities frontier from Graph (a) to Graph (b) ?
A) The trade-off between the production of DVDs and books changes.
B) The opportunity cost of a book is higher at all levels of book production.
C) Production of 4 DVDs and 2 books becomes possible.
D) Production of 2 DVDs and 2 books becomes efficient.
Correct Answer:

Verified
Correct Answer:
Verified
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