Exhibit 2-6 Production Possibilities Curve Data

question 177

Multiple Choice

Exhibit 2-6 Production possibilities curve data
In Exhibit 2-6, the concept of increasing opportunity costs is represented by the fact that:

• A)the quantity of capital goods produced must be less than 150.
• B)the quantity of consumer goods is constant for each change in the quantity of capital goods produced.
• C)greater amounts of capital goods must be sacrificed to produce each additional unit of consumer goods.
• D)the amount of consumer goods produced must be greater than zero.

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