Use the Figure Below to Answer the Following Questions

question 111

Multiple Choice

Use the figure below to answer the following questions. Figure 2.1.1
-Refer to the production possibilities frontier in Figure 2.1.1.Which one of the following statements is true about point A?

• A)It is unattainable.
• B)Although no more of good Y can be produced,more of good X can be produced.
• C)It is preferred to point B.
• D)Resources are either unused or misallocated or both.
• E)Although no more of good X can be produced,more of good Y can be produced.

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Definitions:

Subject

The person, object, or concept that is being discussed or described in a sentence, book, movie, etc.

Collection

An accumulation of objects or data, often gathered or brought together based on a common criteria or interest.

Traditional Square

A logical diagram representing the logical relationships between universal and particular affirmative and negative statements.

Opposition

Resistance or dissent in context to an idea, plan, or entity.