Exhibit 2-10 Production possibilities curve data
Suppose an economy is faced with the production possibilities table shown in Exhibit 2-10. As additional units of capital goods are produced, the opportunity cost in terms of sacrificed units of consumption goods ____ because of ____.
A) decreases; greater efficiency in production
B) increases; decreasing opportunity cost
C) increases; the law of increasing costs
D) increases; greater efficiency in production
E) decreases; the law of increasing costs
Correct Answer:
Verified
Q108: Exhibit 2-13 Production possibilities curve 
Q109: Exhibit 2-11 Production possibilities curves 
Q110: Exhibit 2-12 Production possibilities curve 
Q111: Exhibit 2-13 Production possibilities curve 
Q112: Exhibit 2-14 Production possibilities curve 
Q114: Exhibit 2-8 Production possibilities curve data
Q115: Exhibit 2-13 Production possibilities curve 
Q116: Exhibit 2-9 Production possibilities curve 
Q117: Exhibit 2-10 Production possibilities curve data
Q118: Exhibit 2-8 Production possibilities curve data
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