Suppose That in a PPF Graph,wheat Is on the Vertical

question 236

Multiple Choice

Suppose that in a PPF graph,wheat is on the vertical axis and jets are on the horizontal axis.Moving down along the PPF,the

• A) number of jets increases and the opportunity cost of jets increases.
• B) amount of wheat increases and the opportunity cost of wheat increases.
• C) number of jets increases and the opportunity cost of jets decreases.
• D) amount of wheat increases and opportunity cost of wheat decreases.
• E) opportunity cost of jets and wheat both increase.

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Definitions:

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