Refer to the information provided in Figure 2.5 below to answer the questions that follow. Figure 2.5
-Refer to Figure 2.5. The economy is currently at Point A. The opportunity cost of moving from Point A to Point B is the
A) 90 LCD televisions that must be forgone to produce 20 additional plasma televisions.
B) 30 LCD televisions that must be forgone to produce 60 additional plasma televisions.
C) 120 LCD televisions that must be forgone to produce 40 additional plasma televisions.
D) 30 LCD televisions that must be forgone to produce 20 additional plasma televisions.

Question

Refer to the information provided in Figure 2.5 below to answer the questions that follow.  Figure 2.5
-Refer to Figure 2.5. The economy is currently at Point A. The opportunity cost of moving from Point A to Point B is the
A) 90 LCD televisions that must be forgone to produce 20 additional plasma televisions. 
B) 30 LCD televisions that must be forgone to produce 60 additional plasma televisions. 
C) 120 LCD televisions that must be forgone to produce 40 additional plasma televisions. 
D) 30 LCD televisions that must be forgone to produce 20 additional plasma televisions.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 2.5 below to answer the questions that follow.  Figure 2.5
-Refer to Figure 2.5. The economy is currently at Point A. The opportunity cost of moving from Point A to Point B is the
A) 90 LCD televisions that must be forgone to produce 20 additional plasma televisions. 
B) 30 LCD televisions that must be forgone to produce 60 additional plasma televisions. 
C) 120 LCD televisions that must be forgone to produce 40 additional plasma televisions. 
D) 30 LCD televisions that must be forgone to produce 20 additional plasma televisions.

Refer to the Information Provided in Figure 2