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Figure 2-4 Figure 2-4 Shows Various Points on Three Different Production Possibilities

Question 243

Multiple Choice

Figure 2-4
Figure 2-4 Figure 2-4 shows various points on three different production possibilities frontiers for a nation. -Refer to Figure 2-4.A movement from Y to Z A) represents an increase in the demand for plastic products. B) is the result of a decrease in preference for food products. C) is the result of advancements in food production technology. D) is the result of advancements in plastic production technology.
Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.A movement from Y to Z


A) represents an increase in the demand for plastic products.
B) is the result of a decrease in preference for food products.
C) is the result of advancements in food production technology.
D) is the result of advancements in plastic production technology.

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