Use the figure below to answer the following questions.

Figure 2.1.3
-Figure 2.1.3 illustrates Mary's production possibilities frontier. If Mary wants to move from point B to point C,
A)it will be necessary to improve technology.
B)it will be necessary to increase the accumulation of capital.
C)it will be necessary to give up some of good X to obtain more of good Y.
D)it will be necessary to give up some of good Y to obtain more of good X.
E)she can accomplish this without any opportunity cost.

Question

Use the figure below to answer the following questions.
  
Figure 2.1.3
-Figure 2.1.3 illustrates Mary's production possibilities frontier. If Mary wants to move from point B to point C,
A)it will be necessary to improve technology. 
B)it will be necessary to increase the accumulation of capital. 
C)it will be necessary to give up some of good X to obtain more of good Y. 
D)it will be necessary to give up some of good Y to obtain more of good X. 
E)she can accomplish this without any opportunity cost.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.
  
Figure 2.1.3
-Figure 2.1.3 illustrates Mary's production possibilities frontier. If Mary wants to move from point B to point C,
A)it will be necessary to improve technology. 
B)it will be necessary to increase the accumulation of capital. 
C)it will be necessary to give up some of good X to obtain more of good Y. 
D)it will be necessary to give up some of good Y to obtain more of good X. 
E)she can accomplish this without any opportunity cost.

Use the Figure Below to Answer the Following Questions