Use the following to answer question:

-(Figure: Bicycles and Radishes II)Use Figure: Bicycles and Radishes II.The country depicted in this figure is operating at point M.It could achieve production at point I only if it:
A)used its resources more efficiently.
B)devoted more resources to radish production.
C)devoted more resources to bicycle production.
D)increased the quantities of capital,natural resources,or labor available or improved its technology.

Question

Use the following to answer question:

-(Figure: Bicycles and Radishes II)Use Figure: Bicycles and Radishes II.The country depicted in this figure is operating at point M.It could achieve production at point I only if it:
A)used its resources more efficiently. 
B)devoted more resources to radish production. 
C)devoted more resources to bicycle production. 
D)increased the quantities of capital,natural resources,or labor available or improved its technology.

Quizplus · Accepted Answer

Point I represents a level of production that is currently unattainable for the country at point M with its current resources and technology. Therefore, the country would need to increase the quantities of capital, natural resources, or labor available or improve its technology in order to produce at point I. Choices A, B, and C are not applicable as they assume that the country's current resources and technology can be used more efficiently or shifted between different goods.

Use the Following to Answer Question