Exhibit 2-5

-Refer to the exhibit.What is the opportunity cost of moving from point c to point b?

Name: Exhibit 2-5 -Refer to the exhibit.What is the opportunity cost of moving from point c to point b?
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Question

Exhibit 2-5
 
-Refer to the exhibit.What is the opportunity cost of moving from point c to point b?

Quizplus · Accepted Answer

The opportunity cost of moving from point C to point B is the amount of education that must be given up to produce more food. Moving from C to B, food production increases, and education decreases from 84 units at C to 62 units at B, which is a decrease of 22 units of education.

Exhibit 2-5 -Refer to the Exhibit.What Is the Opportunity Cost of Moving