Question 1
The diagram shows the production possibility frontier for an economy currently operating at point X .
Which one of the following can be deduced from the diagram?
A
Point Z is unobtainable when using all available resources
B
Point Y would generate higher economic growth than point X
C
The movement from point X to point Y has an opportunity cost of 50 capital goods
D
The movement from point X to point Y has an opportunity cost of 25 consumer goods