Figure 2-3

-Refer to Figure 2-3. If this economy devotes all of its resources to the production of forks, then it will produce
A)80 knives and 0 forks.
B)40 knives and 50 forks.
C)0 knives and 100 forks.
D)50 knives and 80 forks.

Question

Figure 2-3
 
-Refer to Figure 2-3. If this economy devotes all of its resources to the production of forks, then it will produce
A)80 knives and 0 forks. 
B)40 knives and 50 forks. 
C)0 knives and 100 forks. 
D)50 knives and 80 forks.

Quizplus · Accepted Answer

Without access to Figure 2-3, the correct answer can still be deduced based on the information given in the question. If an economy devotes all of its resources to the production of forks, it logically follows that it would produce the maximum number of forks possible and no knives. Therefore, the correct answer is the one that states 0 knives and 100 forks.

Figure 2-3 -Refer to Figure 2-3. If This Economy Devotes All of Economy