Figure 2-4 Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.Consider the following movements: a.from point V to point W
B.from point W to point Y
C.from point Y to point Z
Which of the movements listed above represents advancements in technology with respect to both plastic production and food production?
A)a,b,and c
B)b and c only
C)b only
D)c only

Question

Figure 2-4  Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.Consider the following movements: a.from point V to point W
B.from point W to point Y
C.from point Y to point Z
Which of the movements listed above represents advancements in technology with respect to both plastic production and food production?
A)a,b,and c 
B)b and c only 
C)b only 
D)c only

Quizplus · Accepted Answer

Movement b (from point W to point Y) represents advancements in technology for both plastic production and food production, as it shows an increase in the production possibilities for both goods without specifying trade-offs, implying technological improvements.

Figure 2-4 Figure 2-4 Shows Various Points on Three