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Figure 2-6 -Refer to Figure 2-6. Consider the Production Possibilities Frontier for Production

Question 19

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Figure 2-6
Figure 2-6    -Refer to Figure 2-6. Consider the production possibilities frontier for an economy that produces only sofas and cars. When society moves from point A to point B, A) the opportunity cost is the same as when society moves from point B to point C. B) it is giving up cars to get sofas. C) the opportunity cost is increasing. D) it moves from an inefficient point to an efficient point.
-Refer to Figure 2-6. Consider the production possibilities frontier for an economy that produces only sofas and cars. When society moves from point A to point B,


A) the opportunity cost is the same as when society moves from point B to point C.
B) it is giving up cars to get sofas.
C) the opportunity cost is increasing.
D) it moves from an inefficient point to an efficient point.

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