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The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 37

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The diagram below shows two production possibilities boundaries for Country X. 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) the opportunity cost of moving to point A is to give up an increase in the production of consumer goods. B) the opportunity cost of moving to point A is zero. C) the opportunity cost of moving to point A is to give up some capital goods. D) this is the maximum output possible from given resources. E) it is not possible to move to any point on PPB<sub>1</sub> or PPB<sub>2</sub> without technological progress. FIGURE 1-4 Refer to Figure 1-4.If Country X were producing at point C,


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