-A movement from point C to point B in Figure 17.5 illustrates
A)a decreased capacity to produce.
B)The short-run opportunity cost of achieving long-run economic growth.
C)A decreased capacity to produce.

Question

-A movement from point C to point B in Figure 17.5 illustrates
A)a decreased capacity to produce. 
B)The short-run opportunity cost of achieving long-run economic growth. 
C)A decreased capacity to produce.

Quizplus · Accepted Answer

A movement from point C to point B typically represents a trade-off or opportunity cost in the short run to achieve long-run economic growth, such as reallocating resources for future benefits.

-A Movement from Point C to Point B in Figure