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Use the Figure Below to Answer the Following Questions

Question 8

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Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 2.1.2 -Consider the production possibilities frontier in Figure 2.1.2,and assume that everything that is produced is also consumed.Which of the following statements is false? A) Resources are not equally useful in all activities. B) Points inside the frontier indicate unused or misallocated resources. C) Starting at point A, an increase in the production of Y will shift the frontier outward. D) The opportunity cost of producing Y increases as production of Y increases. E) The opportunity cost of producing X increases as production of X increases.
Figure 2.1.2
-Consider the production possibilities frontier in Figure 2.1.2,and assume that everything that is produced is also consumed.Which of the following statements is false?


A) Resources are not equally useful in all activities.
B) Points inside the frontier indicate unused or misallocated resources.
C) Starting at point A, an increase in the production of Y will shift the frontier outward.
D) The opportunity cost of producing Y increases as production of Y increases.
E) The opportunity cost of producing X increases as production of X increases.

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