Multiple Choice
-Refer to the production possibilities frontier in the figure above. If the country moves from point a to point c, the opportunity cost of the move is
A) 30 million capital goods.
B) 20 million capital goods.
C) 10 million capital goods.
D) 10 million consumption goods.
Correct Answer:
Verified
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Q43: Q44: Opportunity cost is best defined as Q45: A tradeoff is
A) the
A) represented by a point