In the figure given below,the curve TT shows how the allocation of a resource affects the well-being of two individuals,Hank and Monica.
-In Figure 19-1,a movement from A to B would represent:
A)a movement from an efficient allocation of resources to an inefficient one.
B)an improvement of Monica's welfare.
C)a movement from an efficient to an inefficient resource allocation.
D)an improvement in Hank's well-being.

Question

In the figure given below,the curve TT shows how the allocation of a resource affects the well-being of two individuals,Hank and Monica. 
-In Figure 19-1,a movement from A to B would represent:
A)a movement from an efficient allocation of resources to an inefficient one. 
B)an improvement of Monica's welfare. 
C)a movement from an efficient to an inefficient resource allocation. 
D)an improvement in Hank's well-being.

Quizplus · Accepted Answer

A movement from A to B represents an improvement in Monica's welfare. The curve TT represents the trade-off between the well-being of Hank and Monica. At point A, the resource allocation is such that Hank's well-being is high but Monica's well-being is low. Moving to point B would result in an increase in Monica's well-being without sacrificing much of Hank's well-being, making it a more optimal allocation of resources. This movement does not necessarily imply an inefficient allocation of resources.

In the Figure Given Below,the Curve TT Shows How the Allocation