Exhibit 2-8 Production possibilities curve data
As shown in Exhibit 2-8, a total output of 14 units of consumer goods and 1 unit of capital goods is:
A) the result of maximum use of the economy's labor force.
B) an efficient way of using the economy's scarce resources.
C) unobtainable in this economy.
D) less than the maximum rate of output for this economy.
Correct Answer:
Verified
Q113: Exhibit 2-10 Production possibilities curve data
Q114: Exhibit 2-8 Production possibilities curve data
Q115: Exhibit 2-13 Production possibilities curve 
Q116: Exhibit 2-9 Production possibilities curve 
Q117: Exhibit 2-10 Production possibilities curve data
Q119: Exhibit 2-10 Production possibilities curve data
Q120: Exhibit 2-13 Production possibilities curve 
Q122: Exhibit 2-15 Production possibilities curve 
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