Exhibit 2-7 Production possibilities curve 
For the economy shown in Exhibit 2-7, which of the following is true when the economy is at point A?
A) More cars are being produced than are needed.
B) There must be resources that are not being used fully.
C) Some car production must be forgone in order to produce more grain in the same period.
D) Increased grain production would be impossible.
Correct Answer:
Verified
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