When moving along the production possibilities frontier, opportunity cost is measured as the
A) increase in the quantity produced of one good divided by the decrease in the quantity produced of another good.
B) decrease in the quantity produced of one good divided by the increase in the quantity produced of another good.
C) quantity produced of one good divided by the quantity produced of another good.
D) quantity produced of one good multiplied by the quantity produced of another good.

Question

Quizplus · Accepted Answer

Opportunity cost along the production possibilities frontier is measured by the decrease in the quantity produced of one good divided by the increase in the quantity produced of another good, reflecting the trade-offs between the two goods.

When Moving Along the Production Possibilities Frontier, Opportunity Cost Is