Use the figure below to answer the following questions.
Figure 2.1.3
-Refer to the production possibilities frontier in Figure 2.1.3. The fact that less of X must be given up when moving from D to C than when moving from B to A indicates
A) decreasing opportunity cost.
B) increasing opportunity cost.
C) comparative advantage in the production of X.
D) the consequences of technological improvement.
E) unemployed resources at D.
Correct Answer:
Verified
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