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 B. The opportunity cost of moving from Point B to Point A is the
A) 40 OLED TVs that must be forgone to produce 120 additional LCD TVs.
B) 20 OLED TVs that must be forgone to produce 30 additional LCD TVs.
C) 30 LCD TVs that must be forgone to produce 40 additional OLED TVs.
D) 120 LCD TVs that must be forgone to produce 20 additional OLED TVs.

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 B. The opportunity cost of moving from Point B to Point A is the
A) 40 OLED TVs that must be forgone to produce 120 additional LCD TVs. 
B) 20 OLED TVs that must be forgone to produce 30 additional LCD TVs. 
C) 30 LCD TVs that must be forgone to produce 40 additional OLED TVs. 
D) 120 LCD TVs that must be forgone to produce 20 additional OLED TVs.

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 B. The opportunity cost of moving from Point B to Point A is the
A) 40 OLED TVs that must be forgone to produce 120 additional LCD TVs. 
B) 20 OLED TVs that must be forgone to produce 30 additional LCD TVs. 
C) 30 LCD TVs that must be forgone to produce 40 additional OLED TVs. 
D) 120 LCD TVs that must be forgone to produce 20 additional OLED TVs.

Refer to the Information Provided in Figure 2