Multiple Choice

-The figure above shows the production possibilities frontier for a country.If the economy is operating at point B,then the opportunity cost of another million litres of milk is
A) 1 litre of ice cream for a litre of milk.
B) 3 litres of ice cream for a litre of milk.
C) 4 litres of ice cream for a litre of milk.
D) 1/3 of a litre of ice cream for a litre of milk.
E) zero because after producing another million litres of milk then zero litres of ice cream are produced.
Correct Answer:
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