Use the following to answer questions :
Figure 1-1
-Given the lower production-possibility frontier AE drawn in Figure 1-1, movement from point G to which point would represent an increase in efficiency with a maximal effect on future economic growth?
A)B.
B)C.
C)F.
D)G.
E)I.

Question

Use the following to answer questions :
Figure 1-1 
-Given the lower production-possibility frontier AE drawn in Figure 1-1, movement from point G to which point would represent an increase in efficiency with a maximal effect on future economic growth?
A)B. 
B)C. 
C)F. 
D)G. 
E)I.

Quizplus · Accepted Answer

Movement from point G to point B represents an increase in efficiency with a maximal effect on future economic growth as it shows an increase in the production of both goods. At point B, resources are being fully utilized and the economy is achieving its maximum potential.

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