Figure 2-10

-Refer to Figure 2-10. The opportunity cost of moving from point B to point A is zero.

Question

Figure 2-10
​
  ​
​
​
​
-Refer to Figure 2-10. The opportunity cost of moving from point B to point A is zero.

Quizplus · Accepted Answer

The opportunity cost of moving from point B to point A is zero because point A is on the same indifference curve as point B. This means that the consumer is indifferent between consuming the bundle of goods at point A and the bundle of goods at point B. Therefore, the consumer does not have to give up any consumption of one good to consume more of the other good.

Figure 2-10 ​

Figure 2-10