Figure 1.3.2
Monthly Production Possibilities for a Country Producing Only Hockey Sticks and Maple Leaves
-According to Figure 1.3.2
A) the best possibility is 2 hockey sticks and 3 maple leaves.
B) a combination of 3 hockey sticks and 9 maples leaves is not possible.
C) a combination of 3 hockey sticks and 2 maple leaves is possible.
D) the opportunity cost of producing hockey sticks increases as more hockey sticks are produced.
E) the opportunity cost of producing hockey sticks decreases as more hockey sticks are produced.
Correct Answer:
Verified
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