-Refer to the table above, which gives five points on a nation's PPF. The numbers in the table demonstrate that
A) this economy has a comparative advantage in Y.
B) the opportunity cost of producing an additional unit of Y increases as the production of Y increases.
C) this economy has a comparative advantage in X.
D) the opportunity cost of producing an additional unit of Y decreases as the production of Y increases.

Question

-Refer to the table above, which gives five points on a nation's PPF. The numbers in the table demonstrate that
A) this economy has a comparative advantage in Y. 
B) the opportunity cost of producing an additional unit of Y increases as the production of Y increases. 
C) this economy has a comparative advantage in X. 
D) the opportunity cost of producing an additional unit of Y decreases as the production of Y increases.

Quizplus · Accepted Answer

The opportunity cost of producing an additional unit of Y increases as the production of Y increases, which is a typical characteristic of a concave PPF, reflecting increasing opportunity costs.

-Refer to the Table Above, Which Gives Five Points on a Nation's