Refer to the diagram below.Points A, B, C, D, and E show:
A)that the opportunity cost of bicycles increases, while that of computers is constant.
B)combinations of bicycles and computers which society can produce by using its resources efficiently.
C)that the opportunity cost of computers increases, while that of bicycles is constant.
D)that society's demand for computers is greater than its demand for bicycles.

Question

Refer to the diagram below.Points A, B, C, D, and E show: 
A)that the opportunity cost of bicycles increases, while that of computers is constant. 
B)combinations of bicycles and computers which society can produce by using its resources efficiently. 
C)that the opportunity cost of computers increases, while that of bicycles is constant. 
D)that society's demand for computers is greater than its demand for bicycles.

Quizplus · Accepted Answer

The diagram shows the different combinations of bicycles and computers that society can produce efficiently using its resources. It does not provide any information about the opportunity cost or demand for either product, making options A, C, and D incorrect.

Refer to the Diagram Below