Multiple Choice
Figure 2-4

-Refer to Figure 2-4.This economy cannot currently produce 30 notepads and 45 lamps because
A) some of its resources are unemployed.
B) inefficiencies exist in this economy's production process.
C) given its current technology, it does not have the resources to produce that level of output.
D) All of the above are correct.
Correct Answer:
Verified
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