A movement from an output combination inside the production possibilities curve to a combination on the curve
A) requires an increase in resources or an improvement in technology.
B) leads to an increase in inequality in the distribution of income.
C) is possible only if the production possibilities curve shifts inward to the left.
D) enables society to increase the output of one good without reducing the output of another good.
E) leads to a decline in per capita output.

Question

Quizplus · Accepted Answer

Moving from a point inside the production possibilities curve to a point on the curve means utilizing resources more efficiently, allowing for an increase in the production of one good without sacrificing the output of another, without the need for additional resources or technological improvements.

A Movement from an Output Combination Inside the Production Possibilities