Figure 2-4 Which of the Following Is True of Figure

Multiple Choice

Figure 2-4 Which of the following is true of Figure 2-4?

A) If the economy operates at point A, it is impossible to produce more of both food and clothing.
B) If the economy operates at point B, it is impossible to increase the output of clothing without giving up food production.
C) If the economy operates at point A, resources are being used efficiently.
D) If the economy operates at point B, resources are being used inefficiently.