Principle 1. Opportuniiv Cost of producing MORE of some entity of product Y product. Verbally state the opportunin cost of producing more of product X: The opportunity cost of producing more of product X is: Now explain how the movement from point A to point B graphically QJstrates this principle, The movement from point A to quantityofproductx point B states: if firms increase the production product X from qxl to q}, then the production of product Y will O