Moe divides his time between studying Physics and studying Economics. His production possibilities curve for his final grade in each class is shown below. According to Moe's PPC, moving from a 70 to an 80 in economics:
A)is inefficient.
B)has a lower opportunity cost than moving from an 80 to a 90.
C)is unattainable.
D)has a higher opportunity cost than moving from an 80 to a 90.

Question

Moe divides his time between studying Physics and studying Economics. His production possibilities curve for his final grade in each class is shown below.  According to Moe's PPC, moving from a 70 to an 80 in economics:
A)is inefficient. 
B)has a lower opportunity cost than moving from an 80 to a 90. 
C)is unattainable. 
D)has a higher opportunity cost than moving from an 80 to a 90.

Quizplus · Accepted Answer

The Answer of Moe divides his time between studying Physics and studying Economics. His production possibilities curve for his final grade in each class is shown below.  According to Moe's PPC, moving from a 70 to an 80 in economics:
A)is inefficient. 
B)has a lower opportunity cost than moving from an 80 to a 90. 
C)is unattainable. 
D)has a higher opportunity cost than moving from an 80 to a 90.

Moe Divides His Time Between Studying Physics and Studying Economics