The diagram below shows two production possibilities boundaries for Country X.
FIGURE 1- 4
-Refer to Figure 1- 4.If Country X were producing at point C,
A)it is not possible to move to any point on PPB1 or PPB2 without technological progress.
B)the opportunity cost of moving to point A is to give up some capital goods.
C)the opportunity cost of moving to point B is to give up some consumption goods.
D)the opportunity cost of moving to point A is zero.
E)this is the maximum output possible from given resources.

Question

The diagram below shows two production possibilities boundaries for Country X.
  FIGURE 1- 4
-Refer to Figure 1- 4.If Country X were producing at point C,
A)it is not possible to move to any point on PPB1 or PPB2 without technological progress. 
B)the opportunity cost of moving to point A is to give up some capital goods. 
C)the opportunity cost of moving to point B is to give up some consumption goods. 
D)the opportunity cost of moving to point A is zero. 
E)this is the maximum output possible from given resources.

Quizplus · Accepted Answer

The Answer of The diagram below shows two production possibilities boundaries for Country X.
  FIGURE 1- 4
-Refer to Figure 1- 4.If Country X were producing at point C,
A)it is not possible to move to any point on PPB1 or PPB2 without technological progress. 
B)the opportunity cost of moving to point A is to give up some capital goods. 
C)the opportunity cost of moving to point B is to give up some consumption goods. 
D)the opportunity cost of moving to point A is zero. 
E)this is the maximum output possible from given resources.

The Diagram Below Shows Two Production Possibilities Boundaries for Country