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I would like assistance with the following questions please and thank you :) Asimple idea of a production possibilities boundary can be used to illustrate

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I would like assistance with the following questions please and thank you :)

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Asimple idea of a production possibilities boundary can be used to illustrate the concepts of scarcity. choice. and opportunity cost. We assume there are only two good5call them X and Y. But we all know that any economy produces many more than just'two goods. Explain why the insights illustrated in the gure are more general, and why the assumption of only two goods is a useful one. The insights illustrated in the gure are more general. and the assumption of only two goods is a useful one because 0 A. the idea of'opportunity cost cannot be illustrated in a more realistic three-good version of the model. 0 B. it allows one to easily grasp the idea that some combinations oi goods cannot ever be attained. O C. one should rarely choose between three or more options. 0 D. it illustrates some central points that would be more difcult to understand in the more general N-good case. Quantity of Investment Goods Quantity of Consumptioti

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