Question: Figure 2-6 Baseballs A 200 B 150 D C 100 50 100 200 300 400 Bananas 1. Refer to Figure 2-6. What is the opportunity

 Figure 2-6 Baseballs A 200 B 150 D C 100 50

Figure 2-6 Baseballs A 200 B 150 D C 100 50 100 200 300 400 Bananas 1. Refer to Figure 2-6. What is the opportunity cost to society of the movement from point A to point C? a. 50 baseballs b. 100 baseballs c. 100 bananas d. 300 bananas 2. Refer to Figure 2-6. If the economy moves from point C to point B, then which of the following statements is correct? a. The economy benefited from a technological advance in the production of baseballs. b. The opportunity cost of each additional baseball is 2 bananas. C. The opportunity cost of each additional banana is 2 baseballs. d. The move involves no opportunity cost; it simply reflects the desires of the economy's citizens

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