Use the following to answer questions :
-(Figure: Wine and Wheat) Look at the figure Wine and Wheat. If this economy is producing at point A and wants to produce at point B, it must:
A)trade with another country.
B)increase its resources.
C)decrease production.
D)use its existing resources efficiently.

Question

Use the following to answer questions : 
-(Figure: Wine and Wheat) Look at the figure Wine and Wheat. If this economy is producing at point A and wants to produce at point B, it must:
A)trade with another country. 
B)increase its resources. 
C)decrease production. 
D)use its existing resources efficiently.

Quizplus · Accepted Answer

To produce at point B, the economy needs to use its existing resources efficiently. This can be achieved through better organization, better technology, and training of workers. Trading with another country or increasing resources are not necessary to move from point A to point B. Decreasing production would not help the economy reach point B.

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