The above table shows production combinations on a country's ...

[tatyanajohnson]

The above table shows production combinations on a country's production possibilities frontier. A movement from ________ involves the greatest opportunity cost of increasing the production of good Y.
 
  A) point E to point D
  B) point D to point C
  C) point C to point B
  D) point B to point A

Question 2

A tariff on imported peanuts ________ the quantity of peanuts imported and ________ the domestic price of peanuts.
 
  A) decreases; decreases
  B) decreases; increases
  C) increases; lowers
  D) does not change; increases

[mk6555]

Answer to Question 1

D

Answer to Question 2

B

[tatyanajohnson]

Thanks for the timely response, appreciate it

[dawsa925]

Excellent