Use the figure below to answer the following questions. 11. Refer to the production possibilities frontier in Figure 1. At point C, what is the opportunity cost of increasing the production of Y from 20 to 50 units Good Y A. 6 units of X 80 B. 2 units of X . 8 units of X 50 D. 20 units of Y E. 30 units of Y 40 20 8 Good X Figure 1 7. Refer to the production possibilities frontier in Figure 1. Suppose that 50 units of Y are produced. Then A. 7 units of X are being produced. B. 6 units of X can be produced if all resources are used and assigned to the task for which they are the best match. C. 9 units of X can be produced if all resources are used and assigned to the task for which they are the best match. . resources are not being fully utilized. E. 6 units of X are being produced. 8. Refer to the production possibilities frontier in Figure 1. At point A, the opportunity cost of producing 3 more units of X is A. 30 units of Y B. 3 units of X. . 20 units of Y. 0 units of Y. E. zero units of Y. Refer to the production possibilities frontier in Figure 1. At point A, the opportunity cost of increasing production of Y to 80 units is A. 10 units of Y. B. 80 units of Y. C. 2 units of X. D. 3 units of X E. 1 unit of X. 10. Refer to the production possibilities frontier in Figure 1. At point C, the opportunity cost of producing one more unit of X is A. 1 unit of Y. B. 1 unit of X. . 8 units of X. D. 20 units of X. 20 units of Y