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Question 33

Multiple Choice

Use the following to answer questions:
Figure: Strawberries and Submarines Use the following to answer questions: Figure: Strawberries and Submarines   -(Figure: Strawberries and Submarines)  Look at the figure Strawberries and Submarines. Suppose the economy now operates at point C. Moving to point E would require that the economy: A) achieve full employment and an efficient allocation of resources. B) eliminate its production of strawberries. C) reduce its production of submarines. D) improve its technology or increase its quantities of factors of production.
-(Figure: Strawberries and Submarines) Look at the figure Strawberries and Submarines. Suppose the economy now operates at point C. Moving to point E would require that the economy:


A) achieve full employment and an efficient allocation of resources.
B) eliminate its production of strawberries.
C) reduce its production of submarines.
D) improve its technology or increase its quantities of factors of production.

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