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-In Exhibit B-9, If the Economy Decides to Locate at Point

Question 72

Multiple Choice

  -In Exhibit B-9, if the economy decides to locate at point E, A)  this is its best choice because it is producing maximum capital goods B)  this is its best choice because it is producing maximum consumption goods C)  it has not achieved full employment D)  it could not sustain itself in the long run because its people will have no consumption goods (presumably, this includes food)  E)  the economy has not achieved maximum efficiency
-In Exhibit B-9, if the economy decides to locate at point E,


A) this is its best choice because it is producing maximum capital goods
B) this is its best choice because it is producing maximum consumption goods
C) it has not achieved full employment
D) it could not sustain itself in the long run because its people will have no consumption goods (presumably, this includes food)
E) the economy has not achieved maximum efficiency

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