O poIhts Save Ans Refer to the information provided in Figur

O poIhts Save Ans Refer to the information provided in Figure 2.4 below to answer the questions that follow. According to Figure 2.4, Point A necessarily represents Motorcydles Figure 2.4 an unattainable production point only hybrid cars being produced. the economy\'s optimal production point. what society wants.

Solution

In this diagram economy is producing both hybrid cars and motorcycles.

Any point on Y axis denotes only hybrid cars produced whereas on X axis only motorcycles produced.

Point A is on Y axis which denotes only hybrid cars are produced.

Option 3 is correct

 O poIhts Save Ans Refer to the information provided in Figure 2.4 below to answer the questions that follow. According to Figure 2.4, Point A necessarily repre

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