It Is Possible for an Economy to Increase Its Production

question 44

Multiple Choice

It is possible for an economy to increase its production of both goods if the economy

• A)moves downward and to the right along its production possibilities frontier and the frontier is bowed outward.
• B)moves upward and to the left along its production possibilities frontier and the frontier is bowed outward.
• C)moves in either direction along its production possibilities frontier and the frontier is a straight line.
• D)moves from a situation of inefficient production to a situation of efficient production.

---

Definitions:

Simplify

The act of making an expression as simple as possible.

Expression

A combination of symbols that jointly express a quantity or number, which can include variables, constants, and operating symbols.

Simplify

The process of making a mathematical expression as simple as possible by performing all operations and reducing to the fewest terms.

Expression

A mathematical phrase that can contain numbers, variables, and operation symbols but doesn't have an equal sign.