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Figure 2-7 Tesla Opened Its Gigafactory near Sparks, Nevada to Produce Lithium-Ion

Question 65

Multiple Choice
Figure 2-7
  
Tesla opened its Gigafactory near Sparks, Nevada to produce lithium-ion batteries for both its automobiles and its Powerwall energy storage products. Figure 2-7 shows changes to its production possibilities frontier at the Gigafactory in response to new developments and different strategic production decisions.
-Refer to Figure 2-7.Assume a technological advancement greatly reduces the cost to produce batteries for its automobiles.This is best represented by the
A)movement from E to F in Graph A. 
B)movement from G to H in Graph B. 
C)movement from K to L in Graph C. 
D)movement from H to J in Graph B.

Figure 2-7
Figure 2-7     Tesla opened its Gigafactory near Sparks, Nevada to produce lithium-ion batteries for both its automobiles and its Powerwall energy storage products. Figure 2-7 shows changes to its production possibilities frontier at the Gigafactory in response to new developments and different strategic production decisions. -Refer to Figure 2-7.Assume a technological advancement greatly reduces the cost to produce batteries for its automobiles.This is best represented by the A) movement from E to F in Graph A. B) movement from G to H in Graph B. C) movement from K to L in Graph C. D) movement from H to J in Graph B.
Tesla opened its Gigafactory near Sparks, Nevada to produce lithium-ion batteries for both its automobiles and its Powerwall energy storage products. Figure 2-7 shows changes to its production possibilities frontier at the Gigafactory in response to new developments and different strategic production decisions.
-Refer to Figure 2-7.Assume a technological advancement greatly reduces the cost to produce batteries for its automobiles.This is best represented by the


A) movement from E to F in Graph A.
B) movement from G to H in Graph B.
C) movement from K to L in Graph C.
D) movement from H to J in Graph B.

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