Monopolies are always large firms with great economies of scale

The table above presents the production possibilities frontier for a nation

Using the information in the table, when moving from possibility C to D, the cost of 1 unit of a capital good in terms of the consumption goods forgone is ________ consumption goods per capital good. A) 10 B) 25 C) 15 D) 20 E) an undefined amount of

If two goods have a cross elasticity of demand of -2, then when the price of one good increases, the demand curve of the other good

A) shifts rightward. B) shifts leftward. C) remains unchanged and the supply curve also remains unchanged. D) might shift rightward, leftward, or remain unchanged. E) remains unchanged but the supply curve shifts leftward.