Figure 3-2

-In Figure 3-2, a point such as D
A)can be obtained through new technology.
B)can never be obtained.
C)can only be obtained by a capitalist society.
D)represents a misallocation of resources.

Question

Figure 3-2
 
-In Figure 3-2, a point such as D
A)can be obtained through new technology. 
B)can never be obtained. 
C)can only be obtained by a capitalist society. 
D)represents a misallocation of resources.

Quizplus · Accepted Answer

A point outside the production possibilities frontier, like point D, can be achieved through advancements in technology or an increase in resources.

Figure 3-2 -In Figure 3-2, a Point Such as D