Exhibit 1
- Refer to Exhibit 1. Point F represents a combination of production that:
A) is a more equitable output level of both bacon and eggs
B) can be reached if we reduce the production of eggs by 20 units.
C) can be reached if there is a sufficient advance in technology.
D) is inefficient because there are unemployed resources.

Question

Exhibit 1 
- Refer to Exhibit 1. Point F represents a combination of production that:
A) is a more equitable output level of both bacon and eggs 
B) can be reached if we reduce the production of eggs by 20 units. 
C) can be reached if there is a sufficient advance in technology. 
D) is inefficient because there are unemployed resources.

Quizplus · Accepted Answer

Point F represents a combination of production that can be reached if there is a sufficient advance in technology, as it likely lies outside the current production possibilities frontier, indicating that it is not achievable with the current resources and technology.

Exhibit 1 - Refer to Exhibit 1. Point F Represents a Combination