Multiple Choice
Use the figure below to answer the following questions. 
Figure 2.1.1
-Refer to the production possibilities frontier in Figure 2.1.1.Which one of the following statements is true about point A?
A) It is unattainable.
B) Although no more of good Y can be produced,more of good X can be produced.
C) It is preferred to point B.
D) Resources are either unused or misallocated or both.
E) Although no more of good X can be produced,more of good Y can be produced.
Correct Answer:
Verified
Correct Answer:
Verified
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