Below is a production possibilities curve involving tea and videos.
-Refer to the graph above to answer this question. Assume that the economy is producing on PPI at point A After the shift from PPI to PPII, what does point B represent?
A) An increase in the production of videos but not of tea.
B) An increase in the production of tea but not of videos.
C) A decrease in the production of tea but not of videos.
D) An increase in the production of both goods.
Correct Answer:
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