Examlex

Solved

Use the Figure Below to Answer the Following Questions

question 36

Multiple Choice

Use the figure below to answer the following questions.
Table 2.3.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers. Use the figure below to answer the following questions. Table 2.3.1 The planets of Vulcan and Romulus each produce goods X and Y. The following table gives points on their production possibilities frontiers.   -Refer to Table 2.3.1.Which one of the following is true? A) The opportunity cost of producing more of good X is lower in Vulcan. B) Vulcans are smarter than Romulans. C) The opportunity cost of producing more of good Y is the same for both planets. D) The opportunity cost of producing more of good Y is lower in Vulcan. E) The opportunity cost of producing more of good X is the same for both planets.
-Refer to Table 2.3.1.Which one of the following is true?


Definitions:

Related Questions