Figure 3-2
-In Figure 3-2, a move from a point like B to a point such as D
A) is not possible.
B) can be attained with a more efficient allocation of resources.
C) can be attained if there is an improvement in technology.
D) can be attained if unused resources are put into production.
Correct Answer:
Verified
Q194: Figure 3-2 Q195: The concavity or bowed-out shape of the Q196: If good "A" is represented on the Q197: The fact that resources tend to be Q198: The tendency of opportunity cost to increase Q200: If the production possibilities frontier for two Q201: Suppose the U.S.government has an annual budget Q202: What would be the opportunity cost of Q203: Which of the following is a listing Q204: Figure 3-4
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