Figure 22-4
-Refer to Figure 22-4. Using the per-worker production function in the figure above, the largest changes in an economy's standard of living would be achieved by a movement from
A) A to B to C.
B) E to B to D.
C) C to B to A.
D) D to B to E.

Question

Figure 22-4 
-Refer to Figure 22-4. Using the per-worker production function in the figure above, the largest changes in an economy's standard of living would be achieved by a movement from
A) A to B to C. 
B) E to B to D. 
C) C to B to A. 
D) D to B to E.

Quizplus · Accepted Answer

The largest changes in an economy's standard of living would be achieved by moving from a lower level of productivity (E) to a higher level (B) and then to an even higher level (D), as this indicates an increase in output per worker, which improves the standard of living.

Figure 22-4 -Refer to Figure 22-4. Using the Per-Worker Production Function in Production