Increased output may result from: Increased use of existing capacity or from reduction in production capacity.

In the above figure, point A is ________, and point B is ________

A) attainable, attainable B) attainable, unattainable C) unattainable, attainable D) unattainable, unattainable

With only two goods, x and y, if x and y are gross substitutes, a rise in px must necessarily:

a. increase spending in x. b. reduce spending in x. c. increase spending in y. d. reduce spending in y.