Graph 2-1
-Refer to Graph 2-1.In the graph shown, the opportunity cost of moving from point D to point B is 20 pieces of art.

Question

Graph 2-1 
-Refer to Graph 2-1.In the graph shown, the opportunity cost of moving from point D to point B is 20 pieces of art.

Quizplus · Accepted Answer

The opportunity cost of moving from one point to another on a production possibilities frontier (PPF) graph is measured by the amount of one good that must be given up to produce more of the other good. Without seeing the specific graph, the statement's accuracy cannot be determined, but typically, moving between points on a PPF involves a trade-off between two goods, not a fixed quantity of one good.

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