Exhibit 2.2

-Refer to Exhibit 2.2, which shows the production possibilities frontier for Good A and Good B. When moving from point g to point f, the production of _____
A) Good B increases without a change in the production of Good A.
B) Good A increases without a change in the production of Good B.
C) both Good A and Good B increases.
D) Good B decreases but Good A does not increase as much as if resources were used more efficiently.
E) Good B increases and the production of Good A decreases.
Correct Answer:
Verified
Q124: Exhibit 2.3 Q125: A straight-line production possibilities frontier indicates that Q126: A downward-sloping straight-line production possibilities frontier indicates Q127: On a bowed-out production possibilities frontier that Q128: If an economy is operating at a Q130: The law of increasing opportunity cost explains Q131: A straight-line possibilities frontier indicates that _ Q132: A production possibilities frontier will be bowed Q133: Which of the following would not shift Q134: Exhibit 2.2
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