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Figure 2.2 -Figure 2.2 Presents a Production Possibilities Curve for a Country

Question 18

Multiple Choice

  Figure 2.2 -Figure 2.2 presents a production possibilities curve for a country that can either produce highways or provide people with medical care in a given year. The opportunity cost of the second new highway built in a year is: A)  40,000 people provided with medical care. B)  50,000 people provided with medical care. C)  500,000 people provided with medical care. D)  30,000 people provided with medical care. Figure 2.2
-Figure 2.2 presents a production possibilities curve for a country that can either produce highways or provide people with medical care in a given year. The opportunity cost of the second new highway built in a year is:


A) 40,000 people provided with medical care.
B) 50,000 people provided with medical care.
C) 500,000 people provided with medical care.
D) 30,000 people provided with medical care.

Correct Answer:

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