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Figure 2.4 -Refer to Figure 2.4. If the Economy Is Currently Producing

Question 59

Multiple Choice

Figure 2.4 Figure 2.4 -Refer to Figure 2.4. If the economy is currently producing at point X, the opportunity cost of moving to point Y is: A) 5 million tonnes of steel. B) 9 million tonnes of paper. C) 5 million tonnes of paper. D) 14 million tonnes of steel.
-Refer to Figure 2.4. If the economy is currently producing at point X, the opportunity cost of moving to point Y is:


A) 5 million tonnes of steel.
B) 9 million tonnes of paper.
C) 5 million tonnes of paper.
D) 14 million tonnes of steel.

Correct Answer:

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