Figure 2-4
Graph (a)
Graph (b)
-Refer to Figure 2-4, Graph (a) and Graph (b) . Which of the following is not a result of the shift of the economy's production possibilities frontier from Graph (a) to Graph (b) ?
A) The trade-off between the production of DVDs and books changes.
B) The opportunity cost of a book is higher at all levels of book production.
C) Production of 4 DVDs and 2 books becomes possible.
D) Production of 2 DVDs and 2 books becomes efficient.
Correct Answer:
Verified
Q254: Table 2-3 Q255: Which of the following would likely be Q256: Macroeconomics is the study of Q257: Figure 2-4 Q258: Which of the following is an example Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)individual decision makers.
B)economy-wide
Graph (a)
Graph (b)