Multiple Choice
Abe starts exercising regularly, and after a few months he can do twice as much of everything. In a single day Abe can now make 10 hamburgers or 8 milkshakes rather than the 5 hamburgers and 4 milkshakes he made in the past. We now know that Abe's production possibility frontier has _____, but his opportunity costs of making milkshakes _____.
A) shifted right; are unchanged
B) shifted right; have decreased
C) not changed; have increased
D) not changed; have decreased
Correct Answer:
Verified
Correct Answer:
Verified
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