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lstar1993 lstar1993
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5 years ago Edited: 5 years ago, bio_man

Question 1.

Figure 2-5




Refer to Figure 2-5. If the economy is currently producing at point Y, what is the opportunity cost of moving to point W?

• 2 million tons of steel

• zero

• 9 million tons of paper

• 16 million tons of paper

Question 2.

Figure 2-5




Refer to Figure 2-5. If the economy is currently producing at point W, what is the opportunity cost of moving to point X?

• 3 million tons of steel

• 19 million tons of steel

• 5 million tons of paper

• 9 million tons of paper
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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binvabinva
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