-The table above shows a production possibilities frontier for an economy.If the economy tried to produce a combination of 250 loaves of bread and 800 books,
A)it cannot produce this combination because it lacks enough resources or technology.
B)there is full employment.
C)the tradeoff between bread and books is inefficient.
D)it is enjoying a free lunch.
E)there is some unemployment.

Question

-The table above shows a production possibilities frontier for an economy.If the economy tried to produce a combination of 250 loaves of bread and 800 books,
A)it cannot produce this combination because it lacks enough resources or technology. 
B)there is full employment. 
C)the tradeoff between bread and books is inefficient. 
D)it is enjoying a free lunch. 
E)there is some unemployment.

Quizplus · Accepted Answer

The combination of 250 loaves of bread and 800 books is likely outside the production possibilities frontier, indicating that the economy does not have enough resources or technology to produce this combination.

-The Table Above Shows a Production Possibilities Frontier for an Economy.If