Which of the Following Trade-Offs Does the Production Possibilities Frontier

Question 146
Multiple Choice

Which of the following trade-offs does the production possibilities frontier illustrate? A)If an economy wants to increase efficiency in production,then it must sacrifice equality in consumption. B)Once an economy has reached the efficient points on its production possibilities frontier,the only way of getting more of one good is to get less of the other. C)For an economy to consume more of one good,it must stop consuming the other good entirely. D)For an economy to produce and consume goods,it must sacrifice environmental quality.