-The above figure shows the production possibility frontier for a country.What is the opportunity cost to move from point D to point E?
A) 6 thousand bottles of wine
B) 15 thousand bottles of wine
C) 6 tons of rice
D) 9 thousand bottles of wine
E) Nothing, it is a free lunch.
Correct Answer:
Verified
Q79: A country produces only apples and bananas.Moving
Q80: Q81: A bowed out production possibilities frontier shows Q82: The bowed out (concave)shape of the production Q83: The fact of increasing opportunity cost when Q85: As an economy increasingly specializes in producing Q86: Suppose that in a PPF graph,wheat is Q87: When a production possibilities frontier is bowed
A)
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