Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. For this economy to move from Point B to Point C so that an additional 20 OLED televisions could be produced, production of LCD televisions would have to be reduced by
A. more than 30.
B. exactly 60.
C. fewer than 30.
D. exactly 30.
Answer: A
Economics
You might also like to view...
If merchandise exports exceed merchandise imports, the trade balance is in deficit
Indicate whether the statement is true or false
Economics
Every time you make a __________, you incur a(n) __________
A) decision; efficient effect B) choice; opportunity cost C) competitive move; price D) decision; mistake E) none of the above
Economics