Economics MCQ The Economics Problem An economy produces at point a on the PPF shown in the Graph. A drought reduces the amount of wheat produced and the economy produces at point b. The opportunity cost of a unit of wheat ________:

An economy produces at point a on the PPF shown in the Graph. A drought reduces the amount of wheat produced and the economy produces at point b. The opportunity cost of a unit of wheat ________:

Naim 11:20 The Economics Problem

An economy produces at point a on the PPF shown in the Graph. A drought reduces the amount of wheat produced and the economy produces at point b. The opportunity cost of a unit of wheat ________:

A) decreases
B) increases
C) is impossible to calculate without numbers on the axes
D) remains the same

Answer: B

Economics MCQ

An economy produces at point a on the PPF shown in the Graph. A drought reduces the amount of wheat produced and the economy produces at point b. The opportunity cost of a unit of wheat ________:

An economy produces at point a on the PPF shown in the Graph. A drought reduces the amount of wheat produced and the economy produces at point b. The opportunity cost of a unit of wheat ________:

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