Figure 16.2.3
-Refer to Figure 16.2.3 above. The initial allocation of resources is at point K. A new allocation that leaves James and Karen both better off is at point:
A) A
B) B
C) C
D) D

Question

Figure 16.2.3
-Refer to Figure 16.2.3 above. The initial allocation of resources is at point K. A new allocation that leaves James and Karen both better off is at point:
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

Point C represents a new allocation where both James and Karen are better off compared to the initial allocation at point K.

Figure 16.2.3 -Refer to Figure 16.2.3 Above. the Initial Allocation of Resources