Production Possibilities -The Table Above Shows the Production Possibilities Frontier for the for the Economy
Production possibilities
-The table above shows the production possibilities frontier for the economy of Sauria. If this economy were to produce 3 hundred guns and 12 tons of butter, it
A) would be utilizing its resources with maximum efficiency.
B) would be operating beyond its production possibilities frontier.
C) could utilize resources more efficiently to produce 3 more tons of butter without sacrificing any guns.
D) would be on its production possibilities frontier.
Correct Answer:
Verified
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A) entrepreneurial talent![]()
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