Refer to the graph below.This society could reach point F when there is a(n):

A) increase in the monetary price of apple pie.
B) credible new study that shows blueberries reduce the risk of heart attack.
C) increase in technology that makes pie bakers more efficient.
D) new regulation that makes pie baking more costly.
E) increase in the monetary price of blueberry pie.

Question

Refer to the graph below.This society could reach point F when there is a(n):

A) increase in the monetary price of apple pie. 
B) credible new study that shows blueberries reduce the risk of heart attack. 
C) increase in technology that makes pie bakers more efficient. 
D) new regulation that makes pie baking more costly. 
E) increase in the monetary price of blueberry pie.

Quizplus · Accepted Answer

Point F represents a higher level of production and consumption compared to points A, B, C, and D. An increase in technology that makes pie bakers more efficient would lower the cost of producing pies, leading to a shift in the production possibility curve to the right, ultimately allowing the society to reach point F. The other options may affect the relative prices of apple and blueberry pies, but they wouldn't necessarily lead to an increase in production and consumption of pies.

Refer to the Graph Below