Exhibit 2-15 Production possibilities curve
-In Exhibit 2-15, if the economy produces no capital goods, what is the maximum number of consumer goods that can be produced?

Name: Exhibit 2-15 Production possibilities curve -In Exhibit 2-15, if the economy produces no capital goods, what is the maximum number of consumer goods that can be produced?
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Question

Exhibit 2-15 Production possibilities curve 
-In Exhibit 2-15, if the economy produces no capital goods, what is the maximum number of consumer goods that can be produced?

Quizplus · Accepted Answer

The maximum number of consumer goods that can be produced is 50, which is the amount of labor available.

Exhibit 2-15 Production Possibilities Curve