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OIL (Thousands of barrels) 2 2 0 0 2 cost of producing an additional 2,000 gallons of drinking water (that is, moving production to point

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OIL (Thousands of barrels) 2 2 0 0 2 cost of producing an additional 2,000 gallons of drinking water (that is, moving production to point B) is barrels of oil 2 0 9 Now the opportunity cost of producing an additional 2,000 gallons of drinking water (that is, moving to point C) is barrels of oil the opportunity cost of 2,000 additional gallons of drinking water at point A. This reflects the

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