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Use the Figure Below to Answer the Following Questions

Question 56

Multiple Choice

Use the figure below to answer the following questions.
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 is true about point A? A) It is unattainable. B) While 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) It is attainable only if the amount of capital goods is increased.
Figure 2.1.1
-Refer to the production possibilities frontier in Figure 2.1.1. Which one of the following is true about point A?


A) It is unattainable.
B) While 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) It is attainable only if the amount of capital goods is increased.

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