Figure 2-6

-Refer to Figure 2-6.If this economy put all available resources into the production of bananas,it could produce

Question

Figure 2-6
 
-Refer to Figure 2-6.If this economy put all available resources into the production of bananas,it could produce

Quizplus · Accepted Answer

According to the production possibilities frontier shown in Figure 2-6, the economy would have to allocate all available resources to banana production in order to produce 400 bananas, which is the highest point on the curve. Therefore, the economy would not be able to produce any baseballs if it puts all available resources into banana production.

Figure 2-6 -Refer to Figure 2-6.If This Economy Put All Available Resources