Use the figure below to answer the following questions.
Table 2.3.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers.
-Refer to Table 2.3.1.Which one of the following is true?
A)The opportunity cost of producing more of good X is the same for both planets.
B)The opportunity cost of producing more of good Y is the same for both planets.
C)The opportunity cost of producing more of good X is lower in Vulcan.
D)The opportunity cost of producing more of good Y is lower in Vulcan.
E)Vulcans are smarter than Romulans.

Question

Use the figure below to answer the following questions.
Table 2.3.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers. 
-Refer to Table 2.3.1.Which one of the following is true?
A)The opportunity cost of producing more of good X is the same for both planets. 
B)The opportunity cost of producing more of good Y is the same for both planets. 
C)The opportunity cost of producing more of good X is lower in Vulcan. 
D)The opportunity cost of producing more of good Y is lower in Vulcan. 
E)Vulcans are smarter than Romulans.

Quizplus · Accepted Answer

According to the production possibilities frontiers, Vulcan has a steeper slope for producing good Y, which means that the opportunity cost of producing more of good Y is lower in Vulcan compared to Romulus. Therefore, the best choice is D. None of the other options are true based on the information given in the table.

Use the Figure Below to Answer the Following Questions