Figure 2-6
-Refer to Figure 2-6. What is the opportunity cost to society of moving from point B to point D?

Name: Figure 2-6 -Refer to Figure 2-6. What is the opportunity cost to society of moving from point B to point D?
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Question

Figure 2-6 
-Refer to Figure 2-6. What is the opportunity cost to society of moving from point B to point D?

Quizplus · Accepted Answer

Moving from point B to point D means the economy is giving up 100 bananas (the vertical distance between B and D) and 50 baseballs (the horizontal distance between B and D). Therefore, the opportunity cost of moving from point B to point D is both 100 bananas and 50 baseballs.

Figure 2-6 -Refer to Figure 2-6. What Is the Opportunity Cost to Opportunity