Movies inumber per year) Refer to the accompanying figure. At point D, the opportunity cost of making milk is: Milk igallons per year) O high because productive resources that are better-suited to making movies are not being used to make milk. high because productive resources that are better-suited to making movies are being used to make milk. low because the economy is specializing in making milk. high because the economy is not operating efficiently.
Movies inumber per year) Refer to the accompanying figure. At point D, the opportunity cost of making milk is: Milk igallons per year) O high because productive resources that are better-suited to making movies are not being used to make milk. high because productive resources that are better-suited to making movies are being used to make milk. low because the economy is specializing in making milk. high because the economy is not operating efficiently.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 6SQP
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Transcribed Image Text:Movies Onuber per yearn
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Question 10
Refer to the accompanying figure. At point D, the opportunity cost of making milk is:
Milk igallons per yeari
O high because productive resources that are better-suited to making movies are not being used to make milk.
high because productive resources that are better-suited to making movies are being used to make milk.
low because the economy is specializing in making milk.
high because the economy is not operating efficiently.
Moving to another question will save this response.
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