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Exhibit 1 -Refer to Exhibit 1. as We Move from Point a Move

Question 16

Multiple Choice

Exhibit 1
Exhibit 1 -Refer to Exhibit 1. As we move from point A to point D, A) the opportunity cost of buns in terms of biscuits falls. B) the opportunity cost of buns in terms of biscuits rises. C) the opportunity cost of buns in terms of biscuits is constant. D) the economy becomes less efficient. E) the economy becomes more efficient.
-Refer to Exhibit 1. As we move from point A to point D,

A) the opportunity cost of buns in terms of biscuits falls.
B) the opportunity cost of buns in terms of biscuits rises.
C) the opportunity cost of buns in terms of biscuits is constant.
D) the economy becomes less efficient.
E) the economy becomes more efficient.

Correct Answer: