Production possibilities (alternatives) Refer to the above table.For this economy to produce a total output of 3 units of capital goods and 13 units of consumer goods it must:
A)achieve economic growth.
B)use its resources more efficiently than the data in the table now indicate.
C)allocate its available resources most efficiently among alternative uses.
D)achieve the full employment of available resources.

Question

Production possibilities (alternatives)  Refer to the above table.For this economy to produce a total output of 3 units of capital goods and 13 units of consumer goods it must:
A)achieve economic growth. 
B)use its resources more efficiently than the data in the table now indicate. 
C)allocate its available resources most efficiently among alternative uses. 
D)achieve the full employment of available resources.

Quizplus · Accepted Answer

The Answer of Production possibilities (alternatives)  Refer to the above table.For this economy to produce a total output of 3 units of capital goods and 13 units of consumer goods it must:
A)achieve economic growth. 
B)use its resources more efficiently than the data in the table now indicate. 
C)allocate its available resources most efficiently among alternative uses. 
D)achieve the full employment of available resources.

Production Possibilities (Alternatives) Refer to the Above Table