The following economy produces two products. Refer to the above table.In moving from possibility A to F,the cost of a unit of steel in terms of a unit of wheat:
A) increases.
B) decreases.
C) remains constant.
D) increases from A to B,and decreases from B to f.

Question

The following economy produces two products.  Refer to the above table.In moving from possibility A to F,the cost of a unit of steel in terms of a unit of wheat:
A) increases. 
B) decreases. 
C) remains constant. 
D) increases from A to B,and decreases from B to f.

Quizplus · Accepted Answer

The Answer of The following economy produces two products.  Refer to the above table.In moving from possibility A to F,the cost of a unit of steel in terms of a unit of wheat:
A) increases. 
B) decreases. 
C) remains constant. 
D) increases from A to B,and decreases from B to f.

The Following Economy Produces Two Products