Refer to the graph. Growth of production capacity is shown by the
A) shift from AB to CD.
B) shift from CD to AB.
C) movement away from point A and toward point B.
D) movement away from point B and toward point A.

Question

Refer to the graph. Growth of production capacity is shown by the
A) shift from AB to CD. 
B) shift from CD to AB. 
C) movement away from point A and toward point B. 
D) movement away from point B and toward point A.

Quizplus · Accepted Answer

Growth of production capacity is represented by the shift from AB to CD, as it shows an increase in the maximum amount of output that can be produced in the long run.

Refer to the Graph