Solved

Figure 2-2 -Assume That U.S.agricultural Land Is Used Either to Raise Cattle

Question 5

Multiple Choice

Figure 2-2
Figure 2-2    -Assume that U.S.agricultural land is used either to raise cattle for beef or to grow wheat.Figure 2-2 represents the production possibility frontier for beef and wheat.Production at point H is A)  unattainable given currently available technology and resources B)  attainable by more fully employing already available resources C)  attainable by using better technology which is already available D)  attainable if beef production drops to zero E)  attainable if all available resources are used to produce wheat
-Assume that U.S.agricultural land is used either to raise cattle for beef or to grow wheat.Figure 2-2 represents the production possibility frontier for beef and wheat.Production at point H is


A) unattainable given currently available technology and resources
B) attainable by more fully employing already available resources
C) attainable by using better technology which is already available
D) attainable if beef production drops to zero
E) attainable if all available resources are used to produce wheat

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents