Figure 2-10

-Movement from point K on the production possibilities curve for food and clothing in Figure 2-10,to point J inside the curve could be the result of
A) an increase in opportunity costs
B) supply and demand
C) greater efficiency
D) a decrease in the population
E) an increase in unemployment
Correct Answer:
Verified
Q41: Figure 2-9 Q42: If a society is on its production Q43: Suppose that an economy produces civilian goods Q44: The law of increasing opportunity cost says Q45: The concave shape of the production possibilities Q47: A country currently is using all its Q48: As a society produces more and more Q49: Assume that society is operating on its Q50: Figure 2-9 Q51: According to the law of increasing opportunity
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