Athe graph on the left Bthe graph on the right Cboth graphs

A)the graph on the left
B)the graph on the right
C)both graphs show growth for at least one good
D)neither graph
Aircraft Carriers Aircraft Carriers 500 400 300 200 400 600 800 400 450 600 750 Automobiles Automobiles

Solution

C) both graphs show growth for at least one good

Economic growth happens when more of at least one good is increased given the same resources. In left graph more of both goods can be produced. In right graph more of automobiles can be produced without reducing aircraft carriers.

A)the graph on the left B)the graph on the right C)both graphs show growth for at least one good D)neither graph Aircraft Carriers Aircraft Carriers 500 400 300

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