Multiple Choice
Table 2.1.1
The following table gives points on the production possibilities frontier for goods X and Y.
-Refer to Table 2.1.1. As we increase the production of X,
A) the amount of Y that is given up for each additional unit of X decreases.
B) the output of Y increases.
C) the opportunity cost of each additional unit of X increases.
D) unemployment increases.
E) the amount of X increases at an increasing rate.
Correct Answer:

Verified
Correct Answer:
Verified
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