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Question: the production possibilities frontier of an economy that devotes a...

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The production possibilities frontier of an economy that devotes a certain amount of resources to produce wheat and textiles is shown below.

PPF

If the economy moves along the PPF from point K to point G to point H, the opportunity cost of _____, and if it moves from H to point G to point K, the opportunity cost of _____.

Question 24 options:

1 sq. yard of textiles decreases; 1 bushel of wheat decreases

1 bushel of wheat increases; 1 sq. yard of textiles increases

1 sq. yard of textiles increases; 1 bushel of wheat decreases

1 bushel of wheat decreases; 1 sq. yard of textiles increases

1 sq. yard of textiles increases; 1 bushel of wheat increases

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