Use the figure below to answer the following questions.

Figure 2.1.3
-Refer to the production possibilities frontier in Figure 2.1.3.The opportunity cost of moving from C to B will be
A)greater than moving from D to C but less than moving from B to A.
B)less than moving from D to C but greater than moving from B to A.
C)the same as moving from D to C or moving from B to A.
D)greater than moving either from D to C or from B to A.
E)neither greater than moving from D to C nor moving from B to A.

Question

Use the figure below to answer the following questions.
  
Figure 2.1.3
-Refer to the production possibilities frontier in Figure 2.1.3.The opportunity cost of moving from C to B will be
A)greater than moving from D to C but less than moving from B to A. 
B)less than moving from D to C but greater than moving from B to A. 
C)the same as moving from D to C or moving from B to A. 
D)greater than moving either from D to C or from B to A. 
E)neither greater than moving from D to C nor moving from B to A.

Quizplus · Accepted Answer

The opportunity cost of moving from C to B is greater than moving from D to C because more resources are reallocated, but less than moving from B to A as the trade-off increases further along the curve.

Use the Figure Below to Answer the Following Questions