Use the following figure.

-The economy represented in the production possibilities figure would gain more of good A without giving up any of good B by moving from point:
A) V to point X.
B) W to point Y.
C) Y to point W.
D) none of the above.

Question

Use the following figure.

-The economy represented in the production possibilities figure would gain more of good A without giving up any of good B by moving from point:
A) V to point X. 
B) W to point Y. 
C) Y to point W. 
D) none of the above.

Quizplus · Accepted Answer

Moving from point V to point X allows the economy to produce more of good A without giving up any of good B, as it is a movement along the production possibilities frontier.

Use the Following Figure