Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5
-Refer to Figure 2.5. The economy is currently at Point A. The opportunity cost of moving from Point A to Point B is the
A) 90 LCD televisions that must be forgone to produce 20 additional OLED televisions.
B) 30 LCD televisions that must be forgone to produce 60 additional OLED televisions.
C) 120 LCD televisions that must be forgone to produce 40 additional OLED televisions.
D) 30 LCD televisions that must be forgone to produce 20 additional OLED televisions.

Question

Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.  Figure 2.5
-Refer to Figure 2.5. The economy is currently at Point A. The opportunity cost of moving from Point A to Point B is the
A) 90 LCD televisions that must be forgone to produce 20 additional OLED televisions. 
B) 30 LCD televisions that must be forgone to produce 60 additional OLED televisions. 
C) 120 LCD televisions that must be forgone to produce 40 additional OLED televisions. 
D) 30 LCD televisions that must be forgone to produce 20 additional OLED televisions.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.  Figure 2.5
-Refer to Figure 2.5. The economy is currently at Point A. The opportunity cost of moving from Point A to Point B is the
A) 90 LCD televisions that must be forgone to produce 20 additional OLED televisions. 
B) 30 LCD televisions that must be forgone to produce 60 additional OLED televisions. 
C) 120 LCD televisions that must be forgone to produce 40 additional OLED televisions. 
D) 30 LCD televisions that must be forgone to produce 20 additional OLED televisions.

Refer to the Information Provided in Figure 2