-Refer to the diagram below. The concept of opportunity cost is best represented by the: A) shift of the production possibilities curve from PP₁ to PP₂. B) move from B on PP₁ to E on PP₂. C) move from B on PP₁ to C on PP₁. D) move from D inside PP₁ to B on PP₁.

Question

Quizplus · Accepted Answer

The Answer of -Refer to the diagram below. The concept of opportunity cost is best represented by the: A) shift of the production possibilities curve from PP₁ to PP₂. B) move from B on PP₁ to E on PP₂. C) move from B on PP₁ to C on PP₁. D) move from D inside PP₁ to B on PP₁.

-Refer to the Diagram Below