A movement from point N to point L would represent
A)an increase in both consumer goods and capital goods.
B)a decrease in both consumer goods and capital goods.
C)an increase in consumer goods,but a decrease in capital goods.
D)an increase in capital goods,but a decrease in consumer goods.

Question

Quizplus · Accepted Answer

A movement from point N to point L on a production possibilities curve typically indicates a trade-off where more consumer goods are produced at the expense of producing fewer capital goods.

A Movement from Point N to Point L Would Represent