-In the above figure, which of the following is true regarding the movements from point A to B and from point C to D?
I. The movement from point A to B shows that the economy has chosen to produce 100 more jets.
II. The movement from point C to D shows that the economy has chosen to produce 100 more jets.
III. The movements from point A to B and from point C to D have the same opportunity cost.
A) I and II
B) I and III
C) II and III
D) I, II and III

Question

-In the above figure, which of the following is true regarding the movements from point A to B and from point C to D?
I. The movement from point A to B shows that the economy has chosen to produce 100 more jets.
II. The movement from point C to D shows that the economy has chosen to produce 100 more jets.
III. The movements from point A to B and from point C to D have the same opportunity cost.
A) I and II 
B) I and III 
C) II and III 
D) I, II and III

Quizplus · Accepted Answer

The movement from point A to B and from point C to D both indicate an increase in jet production by 100 units.

-In the Above Figure, Which of the Following Is True