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
Q100: Given a production possibilities curve, a point:
A)
Q101: Exhibit 2-8 Production possibilities curve data 
Q102: Exhibit 2-9 Production possibilities curve Q103: Exhibit 2-13 Production possibilities curve Q104: Exhibit 2-11 Production possibilities curves Q106: Exhibit 2-10 Production possibilities curve data Q107: Exhibit 2-10 Production possibilities curve data Q108: Exhibit 2-8 Production possibilities curve data Q109: Exhibit 2-13 Production possibilities curve Q110: Exhibit 2-6 Production possibilities curve data 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
