Use the figure below to answer the following questions.
Table 2.4.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers.

-Refer to Table 2.4.1. Which one of the following is true?
A)The opportunity cost of producing more of good X is the same for both planets.
B)The opportunity cost of producing more of good Y is the same for both planets.
C)The opportunity cost of producing more of good X is lower in Vulcan.
D)The opportunity cost of producing more of good Y is lower in Vulcan.
E)Vulcans are smarter than Romulans.

Question

Use the figure below to answer the following questions.
Table 2.4.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers.
 
-Refer to Table 2.4.1. Which one of the following is true?
A)The opportunity cost of producing more of good X is the same for both planets. 
B)The opportunity cost of producing more of good Y is the same for both planets. 
C)The opportunity cost of producing more of good X is lower in Vulcan. 
D)The opportunity cost of producing more of good Y is lower in Vulcan. 
E)Vulcans are smarter than Romulans.

Quizplus · Accepted Answer

The opportunity cost of producing more of good Y is lower in Vulcan, as indicated by the steeper slope of Vulcan's production possibilities frontier for good Y compared to Romulus's production possibilities frontier for good Y.

Use the Figure Below to Answer the Following Questions