Exhibit 2-3 Production possibilities curve data

A

B

C

D

E

Capital goods
0

1

2

3

4

Consumer goods
20

18

14

8

0

According to the data given in Exhibit 2-3, the production of 1 unit of capital goods and 20 units of consumer goods:

Question

Exhibit 2-3 Production possibilities curve data

	A	B	C	D	E
Capital goods	0	1	2	3	4
Consumer goods	20	18	14	8	0

According to the data given in Exhibit 2-3, the production of 1 unit of capital goods and 20 units of consumer goods:

Quizplus · Accepted Answer

The data shows that producing 1 unit of capital goods corresponds with producing 18 units of consumer goods, not 20. Therefore, producing 1 unit of capital goods and 20 units of consumer goods is not feasible with the given resources and technology.

Exhibit 2-3 Production Possibilities Curve Data