A home entertainment shop sells CDs and DVDs. The production possibilities curve shown below gives the maximum combinations of these two goods that can be inventoried in the store.
-On the basis of the production possibilities curve, what is the opportunity cost of increasing the stock of DVDs from 1,600 to 2,400?
A) 400 CDs.
B) 800 CDs.
C) 1,000 CDs.
D) 2,000 CDs.
Correct Answer:
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