Suppose that in a PPF graph, wheat is on the vertical axis and jets are on the horizontal axis. moving down along the PPF, the
A)number of jets increases and the opportunity cost of jets decreases.
B)opportunity cost of jets and wheat both increase.
C)amount of wheat increases and the opportunity cost of wheat increases.
D)number of jets increases and the opportunity cost of jets increases.
E)amount of wheat increases and opportunity cost of wheat decreases.

Question

Quizplus · Accepted Answer

As you move down along the PPF, producing more jets, the opportunity cost of jets increases because you have to give up more wheat to produce additional jets.

Suppose That in a PPF Graph, Wheat Is on the Vertical