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30 Oct 2020
7. As output moves from point a to point b to point c along the PPF in the figure below, the opportunity cost of one more unit of good X
a. rises. The opportunity cost of one more unit of good Y also rises.
b. rises. The opportunity cost of one more unit of good Y falls.
c. falls. The opportunity cost of one more unit of good Y rises.
d. falls. The opportunity cost of one more unit of good Y also falls.
7. As output moves from point a to point b to point c along the PPF in the figure below, the opportunity cost of one more unit of good X
a. rises. The opportunity cost of one more unit of good Y also rises.
b. rises. The opportunity cost of one more unit of good Y falls.
c. falls. The opportunity cost of one more unit of good Y rises.
d. falls. The opportunity cost of one more unit of good Y also falls.
Raushan RajLv8
30 Oct 2020