Refer to the Information Provided in Figure 11

question 7

Multiple Choice

Refer to the information provided in Figure 11.4 below to answer the questions that follow. Figure 11.4
-Refer to Figure 11.4. During the 1990s, many firms in the United States were investing in new capital. If the economy was originally at Point A, this would have caused a movement to Point

• A) E.
• B) B.
• C) C.
• D) D.

---

Definitions:

Cast Bronze Valves

Valves made from bronze through a casting process, known for their durability and corrosion resistance.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner using a combination of human and automated processes to complete the product.

Productivity Variables

The three factors critical to productivity improvement—labour, capital, and management.

Labour

The human effort, whether physical or mental, contributed towards the production of goods or services in an economy.