Figure 2-11 -Refer to Figure 2-11.The Shift of the Production Possibilities Frontier

Multiple Choice

Figure 2-11
-Refer to Figure 2-11.The shift of the production possibilities frontier from A to B illustrates

A) simultaneous technological advances in the book and DVD industries.
B) a reallocation of resources away from the production of DVDs and toward the production of books.
C) economic growth.
D) All of the above are correct.