Hypothetical Production Schedule for a Two-Product Economy -If the Economy Were Producing at Point C and Moves
Multiple Choice
Hypothetical Production Schedule for a Two-Product Economy
-If the economy were producing at point C and moves to point B
A) 4 units of capital goods are gained,while the capacity to produce 32 consumer goods are lost.
B) 16 units of capital goods are gained at an opportunity cost of producing 40 consumer goods.
C) 16 units of capital goods are gained at an opportunity cost of producing 72 consumer goods.
D) 4 units of capital goods are gained,while the capacity to produce 72 consumer goods are lost.
Correct Answer:

Verified
Correct Answer:
Verified
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