Exhibit 2-4

-Refer to the exhibit.What does point e represent?

Question

Exhibit 2-4
 
-Refer to the exhibit.What does point e represent?

Quizplus · Accepted Answer

Point e is outside the production possibilities curve, which means it is unattainable given the current resources and technology. Therefore, option B is the correct answer. The other options are incorrect because Point e does not represent an attainable combination of goods or the combination that the economy will produce. Also, there is not enough information to determine if Point e is an efficient combination of goods.

Exhibit 2-4 -Refer to the Exhibit.What Does Point E Represent