Figure 2-4

Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.A movement from Y to Z
A)represents an increase in the demand for plastic products.
B)is the result of a decrease in preference for food products.
C)is the result of advancements in food production technology.
D)is the result of advancements in plastic production technology.

Question

Figure 2-4
  
Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.A movement from Y to Z
A)represents an increase in the demand for plastic products. 
B)is the result of a decrease in preference for food products. 
C)is the result of advancements in food production technology. 
D)is the result of advancements in plastic production technology.

Quizplus · Accepted Answer

The movement from Y to Z is a shift from one production possibilities frontier to another, which is caused by advancements in plastic production technology, allowing the nation to produce more plastic products without sacrificing the production of food products.

Figure 2-4 Figure 2-4 Shows Various Points on Three Different Production Possibilities