Use the table below to answer the following question.
Table 2.1.4
Consider the following production possibilities for a student for the typical week:
-Refer to Table 2.1.4.Complete the following sentence.The production possibilities frontier in the table shows
A)under- utilization of resources.
B)decreasing opportunity cost.
C)constant opportunity cost.
D)learning- by- doing.
E)increasing opportunity cost.

Question

Use the table below to answer the following question.
Table 2.1.4
Consider the following production possibilities for a student for the typical week: 
-Refer to Table 2.1.4.Complete the following sentence.The production possibilities frontier in the table shows
A)under- utilization of resources. 
B)decreasing opportunity cost. 
C)constant opportunity cost. 
D)learning- by- doing. 
E)increasing opportunity cost.

Quizplus · Accepted Answer

The production possibilities frontier in the table shows increasing opportunity cost because as more of one good is produced, the opportunity cost of producing the other good increases.

Use the Table Below to Answer the Following Question