The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 39

Multiple Choice

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 B is to give up some consumption 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 PPB₁ or PPB₂ without technological progress.

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