Multiple Choice
Figure 2-10
-Refer to Figure 2-10,Panel (a) and Panel (b) .Which of the following is not a result of the shift of the economy's production possibilities frontier from Panel (a) to Panel (b) ?
A) The tradeoff between the production of tractors and sofas changes.
B) Production of 2 tractors and 10 sofas becomes efficient.
C) Production of 6 tractors and 14 sofas becomes possible.
D) The opportunity cost of a sofa is higher at all levels of sofa production.
Correct Answer:

Verified
Correct Answer:
Verified
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