QUESTION 44 Fast food meals millions per year in the figure

QUESTION 44 Fast food meals (millions per year) in the figure above moving from point E to point C shows the idea of a tradeoff is moving from one production efficient point to anothie is moving from an unattainable point to an attainable point idea of a free lunch .

Solution

The correct answer to this question is \"shows the idea of a free lunch\" as the economy can attain so much more without expending many resources.

Point E is the inefficient production point in the Ppc. Moving from point E to C will increase the production of both the Compact disks and Fast food without putting any extra strain on the resources of the country. It will increase the efficiency of the economy.

Let\'s take a look at other points to make this more clear.

Option 1 is wrong because there is no trade-off between point E and C. E is the inefficient point and C is the efficient one.

Option 2 is wrong because it says moving from one production efficient point to another which is wrong. E is the inefficient point.

Option 3, Point c is very much attainable point F is unattainable.

option 4, Point c is attainable and E is also, E is just the inefficient point.