Use the following to answer questions :
Figure: Strawberries and Submarines II
-(Figure: Strawberries and Submarines II) Look at the figure Strawberries and Submarines II. Suppose the economy is operating at point B. Achieving production at point F would require that the economy:
A)achieve full employment and an efficient allocation of resources.
B)reduce its production of strawberries.
C)reduce its production of submarines.
D)improve its technology or increase its resources.

Question

Use the following to answer questions :
Figure: Strawberries and Submarines II 
-(Figure: Strawberries and Submarines II) Look at the figure Strawberries and Submarines II. Suppose the economy is operating at point B. Achieving production at point F would require that the economy:
A)achieve full employment and an efficient allocation of resources. 
B)reduce its production of strawberries. 
C)reduce its production of submarines. 
D)improve its technology or increase its resources.

Quizplus · Accepted Answer

Achieving production at point F would require improving technology or increasing resources. This is because point F represents a higher level of production for both strawberries and submarines than the economy is currently producing at point B. Therefore, to increase production to point F, the economy would need to improve productivity through technological advancements or increase the resources available for production. Choices A, B and C do not accurately reflect the requirements for achieving production at point F.

Use the Following to Answer Questions