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Figure 2-5 -Refer to Figure 2-5.If the Economy Is Currently Producing at Is

Question 56

Multiple Choice
Figure 2-5
 
-Refer to Figure 2-5.If the economy is currently producing at point W, what is the opportunity cost of moving to point X?
A)3 million tons of steel 
B)19 million tons of steel 
C)5 million tons of paper 
D)9 million tons of paper

Figure 2-5
Figure 2-5    -Refer to Figure 2-5.If the economy is currently producing at point W, what is the opportunity cost of moving to point X? A) 3 million tons of steel B) 19 million tons of steel C) 5 million tons of paper D) 9 million tons of paper
-Refer to Figure 2-5.If the economy is currently producing at point W, what is the opportunity cost of moving to point X?


A) 3 million tons of steel
B) 19 million tons of steel
C) 5 million tons of paper
D) 9 million tons of paper

Correct Answer:

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