9
AssignmentMultiple Choice

Opportunity Cost

Question 9 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Imagine that the company invented a machine that would double the production of baseballs and bats.In such a case, what would happen to the curve in the graph?

Answer
A
It would stay where it is.
B
It would grow on one axis, but shrink on the other.
C
It would expand on both axes.
D
It would shrink on both axes.

Explanation

A machine that doubles production of both baseballs and bats improves the technology for making both goods. The production possibilities curve would therefore expand outward on both axes, showing that the company can produce more of either good. The correct choice is “It would expand on both axes.”

AI-written and checked against the verified answer.

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