Use the following figure to answer questions: Figure 1.3
-Which of the following is true about the combination of mops and brooms represented by point E in Figure 1.3 and using PP1?
A)Point E is efficient now.
B)Point E is attainable if this economy uses more of its available resources.
C)Point E is unattainable if this economy becomes more efficient.
D)Point E is attainable only if more resources become available or technological advances are made.

Question

Use the following figure to answer questions: Figure 1.3 
-Which of the following is true about the combination of mops and brooms represented by point E in Figure 1.3 and using PP1?
A)Point E is efficient now. 
B)Point E is attainable if this economy uses more of its available resources. 
C)Point E is unattainable if this economy becomes more efficient. 
D)Point E is attainable only if more resources become available or technological advances are made.

Quizplus · Accepted Answer

Point E is outside the production possibilities curve (PP1), indicating it is unattainable with current resources and technology. It can only be reached if there are more resources or technological advancements.

Use the Following Figure to Answer Questions: Figure 1