Multiple Choice
-The table above lists six points on the production possibilities frontier for grain and cars. From this information you can conclude that production is inefficient if this economy produces
A) 2 tonnes of grain and 27 cars.
B) 8 tonnes of grain and 10 cars.
C) 6 tonnes of grain and 18 cars.
D) 4 tonnes of grain and 26 cars.
Correct Answer:
Verified
Related Questions
Q115: Q116: Q117: Q118: Q119: Q121: Scarcity is represented on a production possibilities Q122: Production possibilities Q123: Suppose that a typical German factory can Q124: Q125: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents