Exhibit 2-8 Production Possibilities Curve Data -As Shown in Exhibit 2-8, the Concept of Increasing Opportunity

question 3

Multiple Choice

Exhibit 2-8 Production possibilities curve data $$\begin{array} { | l | r | r | r | r | r | r | } \hline & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \\\hline \text { Capital goods } & 15 & 14 & 12 & 9 & 5 & 0 \\\text { Consume goods } & 0 & 2 & 4 & 6 & 8 & 10 \\\hline\end{array}$$
-As shown in Exhibit 2-8, the concept of increasing opportunity costs is reflected in the fact that:

• A) the quantity of consumer goods produced can never be zero.
• B) the labor force in the economy is homogeneous.
• C) greater amounts of capital goods must be sacrificed to produce an additional 2 units of consumer goods.
• D) a graph of the production data is a downward-sloping straight line.