Use the following to answer question:

-(Figure: Strawberries and Submarines II)Use Figure: Strawberries and Submarines II.Suppose the economy is operating at point B.Achieving production at point F would require that the economy:
A)achieve full employment and an efficient allocation of resources.
B)reduce its production of strawberries.
C)reduce its production of submarines.
D)improve its technology or increase its resources.

Question

Use the following to answer question:

-(Figure: Strawberries and Submarines II)Use Figure: Strawberries and Submarines II.Suppose the economy is operating at point B.Achieving production at point F would require that the economy:
A)achieve full employment and an efficient allocation of resources. 
B)reduce its production of strawberries. 
C)reduce its production of submarines. 
D)improve its technology or increase its resources.

Quizplus · Accepted Answer

Achieving production at point F would require that the economy improve its technology or increase its resources, as point F is beyond the production possibilities frontier (PPF) and cannot be reached with the current level of technology and resources.

Use the Following to Answer Question