-The above table shows production combinations on a country's production possibilities frontier. A movement from ________ involves the greatest opportunity cost of increasing the production of good Y.
A) point E to point D
B) point D to point C
C) point C to point B
D) point B to point A

Question

-The above table shows production combinations on a country's production possibilities frontier. A movement from ________ involves the greatest opportunity cost of increasing the production of good Y.
A) point E to point D 
B) point D to point C 
C) point C to point B 
D) point B to point A

Quizplus · Accepted Answer

Moving from point B to point A involves the greatest opportunity cost for increasing the production of good Y because it requires giving up the largest amount of good X compared to the other movements. This reflects the increasing opportunity cost principle, where resources are not equally efficient in producing all goods, leading to a higher opportunity cost as production shifts from one good to another.

-The Above Table Shows Production Combinations on a Country's Production