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Question
Choose the correct alternative from given options:
In the given figure, the movement on the production possibility curve from point A to point B shows _____________.
Options
Growth of all the resources in the economy.
Underutilisation of resources.
Production of more units of Good X and less units of Good Y.
Production of more units of Good Y and less units of Good X.
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Solution
In the given figure, the movement on the production possibility curve from point A to point B shows the production of more units of good X and less units of Good Y.
Hence, the correct answer is option Production of more units of Good X and less units of Good Y.
RELATED QUESTIONS
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| Good X (units) | Good Y (units) |
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| 1 | 6 |
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