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Exhibit 3-5 Refer to Exhibit 3-5

Question 72

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Exhibit 3-5 Exhibit 3-5 Refer to Exhibit 3-5.If an economy operates at Point A on the production possibilities curve shown above,then: A) it cannot increase its output of food. B) it cannot increase its output of clothing. C) it cannot simultaneously increase its output of both food and clothing. D) it is utilizing its resources inefficiently. Refer to Exhibit 3-5.If an economy operates at Point A on the production possibilities curve shown above,then:


A) it cannot increase its output of food.
B) it cannot increase its output of clothing.
C) it cannot simultaneously increase its output of both food and clothing.
D) it is utilizing its resources inefficiently.

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