Given a production possibilities curve for defense goods and nondefense goods, a production point outside the curve
A)cannot be attained with the current level of resources and technology.
B)may be attained by shifting resources to defense goods.
C)may be attained by acquiring new technology.
D)may be attained if new resources are discovered.
E)may be attained by acquiring both new technology and greater resources.

Question

Quizplus · Accepted Answer

The Answer of Given a production possibilities curve for defense goods and nondefense goods, a production point outside the curve
A)cannot be attained with the current level of resources and technology.
B)may be attained by shifting resources to defense goods.
C)may be attained by acquiring new technology.
D)may be attained if new resources are discovered.
E)may be attained by acquiring both new technology and greater resources.

Given a Production Possibilities Curve for Defense Goods and Nondefense