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FIGURE 2-2 -Refer to Figure 2-2. Which of the Following Statements About

Question 24

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FIGURE 2-2
FIGURE 2-2 -Refer to Figure 2-2. Which of the following statements about a movement from Point C to Point B is the most accurate? A) It involves sacrificing bread in order to produce a greater quantity of wine. B) It involves sacrificing wine in order to produce a greater quantity of bread. C) It involves no sacrifice of output, as the opportunity cost of production is zero everywhere along the production possibilities curve. D) It will increase the level of unemployment in the economy.
-Refer to Figure 2-2. Which of the following statements about a movement from Point C to Point B is the most accurate?


A) It involves sacrificing bread in order to produce a greater quantity of wine.
B) It involves sacrificing wine in order to produce a greater quantity of bread.
C) It involves no sacrifice of output, as the opportunity cost of production is zero everywhere along the production possibilities curve.
D) It will increase the level of unemployment in the economy.

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