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Use the Figure Below to Answer the Following Questions

question 156

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Use the figure below to answer the following questions.
Use the figure below to answer the following questions.     Figure 2.1.3 -Figure 2.1.3 illustrates Mary's production possibilities frontier. If Mary wants to move from point B to point C, A) it will be necessary to improve technology. B) it will be necessary to increase the accumulation of capital. C) it will be necessary to give up some of good X to obtain more of good Y. D) it will be necessary to give up some of good Y to obtain more of good X. E) she can accomplish this without any opportunity cost.
Figure 2.1.3
-Figure 2.1.3 illustrates Mary's production possibilities frontier. If Mary wants to move from point B to point C,

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Definitions:

Transforming Resources

Inputs used in the production process that include both raw materials (physical resources) and the effort provided by people (human resources).

First-Line Management

Managers at the lowest level of an organization who directly manage non-managerial employees.

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