The Figure Given Below Shows the Production Possibilities Frontier for Mufflers

question 49

Multiple Choice

The figure given below shows the production possibilities frontier for mufflers and socks. If society moves from point c to point d, then society:

• A) gains 100 socks.
• B) loses 30 mufflers.
• C) is worse off after the change in production.
• D) is not operating efficiently.
• E) experiences some unemployment of resources.

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Automobile Title Certificate

A legal document issued by a government agency that proves ownership of a vehicle.

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The Uniform Commercial Code, a set of laws that govern commercial transactions in the United States.