Multiple Choice
Exhibit 2.2
-Refer to Exhibit 2.2, which shows the production possibilities frontier for Good A and Good B. Point g is efficient because _____
A) the only way to increase the production of Good A is to decrease the production of Good B.
B) the economy can increase the production of both Good A and Good B.
C) it is impossible to move to any other point along the production possibilities frontier.
D) it is impossible to move to any other point inside the production possibilities frontier.
E) no other production possibilities frontier exists.
Correct Answer:
Verified
Related Questions
Q104: Exhibit 2.2 Q105: Efficiency involves _ Q106: Exhibit 2.2 Q107: A point outside the production possibilities frontier
A) producing output using a
