Use the following to answer questions
Production Possibilities Schedule 1 $$\begin{array} { | l | c | c | c | c | c | c | }
\hline { \text { Alternatives } } & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \
\hline \begin{array} { l }
\text { Consumer goods } \
\text { per period }
\end{array} & 0 & 1 & 2 & 3 & 4 & 5 \
\hline \begin{array} { l }
\text { Capital goods per } \
\text { period }
\end{array} & 30 & 28 & 24 & 18 & 10 & 0 \
\hline
\end{array}$$
-(Exhibit: Production Possibilities Schedule 1)If the economy produces 10 units of one capital goods per period, it also can produce at most _______ unit(s)of consumer goods per period.

Question

Use the following to answer questions 
Production Possibilities Schedule 1 $$\begin{array} { | l | c | c | c | c | c | c | } 
\hline { \text { Alternatives } } & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \
\hline \begin{array} { l } 
\text { Consumer goods } \
\text { per period }
\end{array} & 0 & 1 & 2 & 3 & 4 & 5 \
\hline \begin{array} { l } 
\text { Capital goods per } \
\text { period }
\end{array} & 30 & 28 & 24 & 18 & 10 & 0 \
\hline
\end{array}$$
-(Exhibit: Production Possibilities Schedule 1)If the economy produces 10 units of one capital goods per period, it also can produce at most _______ unit(s)of consumer goods per period.

Quizplus · Accepted Answer

According to the Production Possibilities Schedule, if the economy produces 10 units of capital goods per period, the maximum number of consumer goods it can produce is 40. However, if the economy wants to produce any amount of capital goods beyond 10 units per period, it will have to forgo some production of consumer goods. Therefore, the best choice would be to produce 10 units of capital goods and 4 units of consumer goods, which lies on the Production Possibilities Frontier and maximizes the economy's production.

Use the Following to Answer Questions Production Possibilities Schedule

Use the Following to Answer Questions
Production Possibilities Schedule