The graph above shows the PPC for a country that can produce oil or televisions. The straight line is the trade line and CPC if production is at Point A. Which of the following is a true statement?

A) This country should produce relatively more oil and relatively fewer televisions.
B) This country should produce relatively more televisions and relatively less oil.
C) This country should produce more of both goods.
D) This country is producing the optimal mix of oil and televisions to maximize its income.


A

Economics

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A. Between 1980 and 2008, recycling in the United States has tripled. B. As of 2014, the 27 European Union members recycled more in terms of a percentage of garbage than the United States. C. Recycling rates of commonly used materials in the United States and industrial countries have fallen. D. Only 9 percent of plastics are recycled.

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Which of the following statement(s) is (are) true?

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