Use the figure below to answer the following questions. Figure 2.1.3
-Figure 2.1.3 illustrates Mary's production possibilities frontier.If Mary wants to move from point D to point C,Mary must
A) improve technology.
B) increase capital.
C) give up some of good X to obtain more of good Y.
D) give up some of good Y to obtain more of good X.
E) hire more workers.
Correct Answer:
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Q28: Consider the production possibilities frontier in Figure
Q29: If additional units of any good can
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Q32: The existence of increasing opportunity cost
A)explains why
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