Exhibit 2.4
-Refer to Exhibit 2.4, which shows the production possibilities frontier for mufflers and socks. If society moves from point c to point d, then society:
A) gains 100 socks.
B) loses 30 mufflers.
C) is worse off after the change in production.
D) is not operating efficiently.
E) experiences some unemployment of resources.
Correct Answer:
Verified
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