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Figure 2-3 -What Is the Opportunity Cost of Obtaining More of One

Question 89

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Figure 2-3 Figure 2-3 -What is the opportunity cost of obtaining more of one good as shown on the production possibilities frontier? A) the amount of the other good that must be given up. B) the market price of the additional amount produced. C) the amount of resources that must be devoted to its production. D) the number of dollars that must be spent to produce it.
-What is the opportunity cost of obtaining more of one good as shown on the production possibilities frontier?


A) the amount of the other good that must be given up.
B) the market price of the additional amount produced.
C) the amount of resources that must be devoted to its production.
D) the number of dollars that must be spent to produce it.

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