Use the following figure to answer questions: Figure 1.3
-A movement from point F to point D in Figure 1.3 results in
A)A reallocation of resources from mop production to broom production.
B)Permanent unemployment of workers producing brooms.
C)A reallocation of resources from broom production to mop production.
D)More efficient production.

Question

Use the following figure to answer questions: Figure 1.3 
-A movement from point F to point D in Figure 1.3 results in
A)A reallocation of resources from mop production to broom production. 
B)Permanent unemployment of workers producing brooms. 
C)A reallocation of resources from broom production to mop production. 
D)More efficient production.

Quizplus · Accepted Answer

Moving from point F to point D implies an increase in the production of mops and a decrease in the production of brooms. This is a reallocation of resources from broom production to mop production.

Use the Following Figure to Answer Questions: Figure 1