(Figure: Strawberries and Submarines) Use Figure: Strawberries and Submarines.As the economy moves from point A toward point D,it will find that the opportunity cost of each additional submarine:

A) falls.
B) rises.
C) remains unchanged.
D) doubles.

Question

Sarah Middleton · Accepted Answer

Final Answer : B, Explanation :  Moving from point A to point D involves an increase in production of submarines and a decrease in production of strawberries. This means that more resources are being allocated towards submarine production, leading to a higher opportunity cost of producing each additional submarine. Therefore, the answer is B: the opportunity cost of each additional submarine rises.

(Figure: Strawberries and Submarines) Use Figure: Strawberries and Submarines.As the economy moves from point A toward point D,it will find that the opportunity cost of each additional submarine:

A) falls.
B) rises.
C) remains unchanged.
D) doubles.

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Learning Objectives

Learning Objectives

Related questions

(Figure: Strawberries and Submarines) Use Figure: Strawberries and Submarines.As the economy moves from point A toward point D,it will find that the opportunity cost of each additional submarine:A) falls.B) rises.C) remains unchanged.D) doubles.

Definitions

Learning Objectives

Learning Objectives

Related questions

(Figure: Strawberries and Submarines) Use Figure: Strawberries and Submarines.As the economy moves from point A toward point D,it will find that the opportunity cost of each additional submarine:

A) falls.
B) rises.
C) remains unchanged.
D) doubles.