-In the figure above, the opportunity cost of moving from point C to point D is
A) the loss in production in the health care sector.
B) the increase in production in the education sector.
C) zero.
D) the loss in production in the education sector.

Question

-In the figure above, the opportunity cost of moving from point C to point D is
A) the loss in production in the health care sector. 
B) the increase in production in the education sector. 
C) zero. 
D) the loss in production in the education sector.

Quizplus · Accepted Answer

Moving from point C to point D on a production possibilities curve typically involves reallocating resources, leading to a decrease in production in one sector (health care) to increase production in another (education). Thus, the opportunity cost is the loss in production in the health care sector.

-In the Figure Above, the Opportunity Cost of Moving from Point