Which of the Following Is True About the Combination of Mops

question 131

Multiple Choice

Which of the following is true about the combination of mops and brooms represented by point E in Figure 1.3 and using PP1?

• A)Point E is efficient now.
• B)Point E is attainable if this economy uses more of its available resources.
• C)Point E is unattainable if this economy becomes more efficient.
• D)Point E is attainable only if more resources become available or technological advances are made.Any point outside the production possibilities curve cannot be attained without growth in resources or better technology.

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Definitions:

High Deductible

A high deductible refers to the larger initial amount paid by an insured person before insurance coverage for healthcare costs begins, often leading to lower premium costs.

Low-risk Drivers

Individuals who are considered to have a lower probability of filing an insurance claim due to their safe driving habits, often resulting in lower insurance premiums.

Lemons

A citrus fruit with a bright yellow color and sour taste, often used in cooking and beverages.

Plums

A type of fruit that belongs to the genus Prunus, known for their sweet taste and juicy texture, often consumed fresh, dried, or in various culinary dishes.