Refer to the table below.According to the production possibilities schedule for the economy which produces two products, a combination of four tanks and 650 autos is: Production Possibilities
A) attainable, but involves an efficient use of society's resources.
B) attainable, but would not be in the best interests of a strong national defence.
C) not attainable because it is not listed in the schedule.
D) not attainable because society does not have sufficient resources to produce this combination.
Correct Answer:
Verified
Q135: The marginal cost curve is
A) upsloping because
Q168: Assume that a change in government policy
Q169: Production possibilities (alternatives) Q170: Production possibilities (alternatives) Q172: Recessions are typically characterised by points:
A)inside the