Given a production possibilities curve for defense goods and nondefense goods, w
ID: 1192417 • Letter: G
Question
Given a production possibilities curve for defense goods and nondefense goods, which of the following is not true?
A. A production point outside the curve may be attained if new resources are discovered.
B. A production point outside the curve may be attained by acquiring a new technology.
C. A production point outside the curve may be attained by shifting resources to defense goods.
D. A production point outside the curve may be attained by acquiring both a new technology and greater resources.
E. A production point outside the curve cannot be attained with the current level of resources and technology.
Explanation / Answer
C. A production point outside the curve may be attained by shifting resources to defense gooD
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