-Refer to the Production Possibilities Frontier in the Figure Above

question 442

Multiple Choice

-Refer to the production possibilities frontier in the figure above. Suppose a country is producing at point a. A movement to point ________ means that the country ________.

• A) d; must give up 20 million capital goods
• B) e; is not operating efficiently
• C) d; gives up 10 million consumer goods
• D) b; is producing at an inefficient point