Exhibit 2-7 Production possibilities curve 
-For the economy shown in Exhibit 2-7 to operate at point C, it must:
A) be willing to lower the price of grain.
B) use its given resources more efficiently than it would at point A.
C) experience resource unemployment.
D) experience an increase in its resources and/or an improvement in its technology.
Correct Answer:
Verified
Q107: Exhibit 2-6 Production possibilities curve data
Q108: Exhibit 2-10 Production possibilities curve data
Q109: Exhibit 2-11 Production possibilities curves 
Q110: Exhibit 2-9 Production possibilities curve 
Q111: Exhibit 2-13 Production possibilities curve 
Q113: Exhibit 2-12 Production possibilities curve 
Q114: Exhibit 2-11 Production possibilities curves 
Q115: Exhibit 2-8 Production possibilities curve data
Q116: Exhibit 2-9 Production possibilities curve 
Q117: Exhibit 2-10 Production possibilities curve data
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