-Refer to the Above Graph

question 85

Multiple Choice

-Refer to the above graph.If the production possibilities curve for an economy is at CD but the economy is operating at point X,the reasons are most likely to be:

• A) technological progress and industrial change.
• B) increases in the quantity and the quality of resources.
• C) improvement in labour productivity and the number of worker-hours.
• D) lack of full employment and inefficient allocation of resources.

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