A nation can produce two products: tanks and autos. The table below is the nation's production possibilities: Refer to the above table. According to the production possibilities schedule, a combination of 4 tanks and 650 autos is:
A) Attainable, and involves an efficient use of society's resources
B) Attainable, but would not be in the best interests of a strong national defense
C) Less than (or below) the maximum attainable output combination
D) Not attainable because the nation does not have sufficient resources

Question

A nation can produce two products: tanks and autos. The table below is the nation's production possibilities:  Refer to the above table. According to the production possibilities schedule, a combination of 4 tanks and 650 autos is:
A) Attainable, and involves an efficient use of society's resources 
B) Attainable, but would not be in the best interests of a strong national defense 
C) Less than (or below) the maximum attainable output combination 
D) Not attainable because the nation does not have sufficient resources

Quizplus · Accepted Answer

The Answer of A nation can produce two products: tanks and autos. The table below is the nation's production possibilities:  Refer to the above table. According to the production possibilities schedule, a combination of 4 tanks and 650 autos is:
A) Attainable, and involves an efficient use of society's resources 
B) Attainable, but would not be in the best interests of a strong national defense 
C) Less than (or below) the maximum attainable output combination 
D) Not attainable because the nation does not have sufficient resources

A Nation Can Produce Two Products: Tanks and Autos