Chapter3: Scarcity, Trade-offs, And Production Possibilities
Section: Chapter Questions
Problem 6P
Related questions
Question
![Consider the production possibilities fronter in the figure shown. The opportunity
cost of cars when moving from point B to point C:
Cigars
400
JA
300
200
100
B
C
D
10 20 30 40 Cars
is less than the opportunity cost of cars when moving from point A to point B.
None of these statements are true.
is greater than the opportunity cost of cars when moving between any other two
points.
is greater than the opportunity cost of cars when moving from point A to point
B.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb9d52eab-f932-48c3-a156-c4a0df64762f%2F39a74a7a-d9f2-481d-bf3a-0d4ccd67e85f%2F820g9dv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the production possibilities fronter in the figure shown. The opportunity
cost of cars when moving from point B to point C:
Cigars
400
JA
300
200
100
B
C
D
10 20 30 40 Cars
is less than the opportunity cost of cars when moving from point A to point B.
None of these statements are true.
is greater than the opportunity cost of cars when moving between any other two
points.
is greater than the opportunity cost of cars when moving from point A to point
B.
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