Refer to the Above Diagram for Athletic Shoes

question 194

Multiple Choice

Refer to the above diagram for athletic shoes.If the current output of shoes is Q₁, then:

• A)society would consider additional units of shoes to be more valuable than alternative products.
• B)society would consider additional units of shoes to be less valuable than alternative products.
• C)society would experience a net loss by producing more shoes.
• D)resources are being allocated efficiently to the production of shoes.