Figure 2-9 Refer to Figure 2-9

Multiple Choice

Figure 2-9 Refer to Figure 2-9. Suppose the economy is producing at point B. Which of the following statements would best explain this situation?

A) The economy lacks the resources to produce at a more desirable point.
B) The economy's available technology prevents it from producing at a more desirable point.
C) There is widespread unemployment in the economy.
D) Any of the above statements would be a legitimate explanation for this situation.