-The above figure illustrates Maryʹs production possibilities frontier. Which of the following movements show opportunity costs increasing?

Question

Quizplus · Accepted Answer

As Mary moves from point a to point b to point c along the production possibilities frontier, the opportunity cost increases because she has to give up more of one good to produce additional units of the other good, reflecting the law of increasing opportunity costs.

-The Above Figure Illustrates Maryʹs Production Possibilities Frontier