Exhibit 2-4 
-In Exhibit 2-4, what is the opportunity cost of moving from point c to point b?
A) 3 units of food
B) 22 units of education
C) 1 unit of food
D) 12 units of education
E) 62 units of education
Correct Answer:
Verified
Q101: If all resources are used efficiently to
Q109: A point outside the production possibilities frontier
A)represents
Q111: Exhibit 2-3 Q112: Exhibit 2-3 Q113: Which of the following is most appropriately Q122: Points outside the production possibilities frontier represent Q125: A point inside the production possibilities curve Q128: The typical concave (i.e., bowed-out)shape of the Q130: Along a bowed-out production possibilities frontier, as Q135: The bowed-out shape of the production possibilities
A)unemployment
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