-The Above Table Shows Production Combinations on a Country?s Production

$$\begin{array} { | l | l | l | } \hline \text { Point } & \begin{array} { l } \text { Production of } \\X\end{array} & \begin{array} { l } \text { Production of } \\Y\end{array} \\\hline \text { A } & 0 & 40 \\\hline B & 3 & 36 \\\hline \text { C } & 6 & 28 \\\hline \text { D } & 9 & 16 \\\hline \text { E } & 12 & 0 \\\hline\end{array}$$
-The above table shows production combinations on a country?s production possibilities frontier. The opportunity cost of increasing the production of Y from 16 to 28 units is units of good X per unit of good Y.

A) 12
B) 3
C) 6
D) There is no opportunity cost when moving from one point to another along a production possibilities frontier so none of the above answers is correct.

Correct Answer:

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