On a production possibility frontier, opportunity costs are measured in

2. (4) Answer true or false for two of the following, and briefly explain your answer. a. The economy can be at only one point at a time on a production possibility frontier. b . Each point on a production possibility frontier tells you the cost of producing that combination of goods. C. A point in the interior of a production possibility frontier is attainable but not desirable. d. The slope of the production possibilities frontier is the opportunity cost of producing one more unit of a good. e. On a production possibility frontier, opportunity costs are measured in price. true. Because