Figure 2.1.2 -Consider the Production Possibilities Frontier in Figure 2.1.2.Which of the of the Following

Figure 2.1.2
-Consider the production possibilities frontier in Figure 2.1.2.Which of the following statements is false?

A) Points inside the production possibilities frontier indicate wasted or misallocated resources.
B) The opportunity cost of producing X increases as production of X increases.
C) The opportunity cost of producing Y increases as production of Y increases.
D) Resources are not equally useful in the production of X and Y.
E) Production at point A shifts the production possibilities frontier outward.

Correct Answer:

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