Multiple Choice
-The figure above shows the production possibilities frontier for a country.How does the opportunity cost of station wagons forgone per SUV gained moving from point C to point B compare with the movement from point B to point A?
A) The opportunity cost of moving from point C to point B is the same as the movement from point B to point A.
B) The opportunity cost of moving from point C to point B is less than the movement from point B to point A.
C) The opportunity costs cannot be compared because the units of moving from point C to point B differ from the units of moving from point B to point A.
D) The opportunity cost of moving from point C to point B is greater than the movement from point B to point A.
E) More information is needed to determine how the two opportunity costs compare.
Correct Answer:

Verified
Correct Answer:
Verified
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Q10: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -The above figure
Q12: For country Gamma, the opportunity cost for
Q12: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -In the above
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Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -The above figure