Graph 2-1
-Refer to Graph 2-1.In the graph shown, the opportunity cost to the economy of moving from point A to point B is 20 units of concrete.

Question

Graph 2-1 
-Refer to Graph 2-1.In the graph shown, the opportunity cost to the economy of moving from point A to point B is 20 units of concrete.

Quizplus · Accepted Answer

The opportunity cost of moving from point A to point B in a graph typically refers to what is given up to make that move. Without seeing the specific graph (Graph 2-1), we cannot determine the exact units or items lost or gained. However, opportunity cost is generally measured in terms of the alternative forgone, not in a specific measure like "20 units of concrete" unless explicitly stated in the context of what is being produced or sacrificed from one point to another in the graph.

Graph 2-1 -Refer to Graph 2-1.In the Graph Shown, the Opportunity Cost