Figure 2-6
-Refer to Figure 2-6.If the economy is currently producing at point C,what is the opportunity cost of moving to point B?

Question

Figure 2-6 
-Refer to Figure 2-6.If the economy is currently producing at point C,what is the opportunity cost of moving to point B?

Quizplus · Accepted Answer

Moving from point C to point B on a production possibility curve involves increasing the production of forks by 20 thousand units while reducing the production of spoons, indicating the opportunity cost is the reduction in spoon production.

Figure 2-6 -Refer to Figure 2-6.If the Economy Is Currently Producing at Currently