Table 2-5

-Refer to Table 2-5.Table 2-5 shows one set of production possibilities.Which of the following combinations of cookies and coffee is not currently attainable but would be attainable if there was an improvement in overall production technology?

Question

Table 2-5
 
-Refer to Table 2-5.Table 2-5 shows one set of production possibilities.Which of the following combinations of cookies and coffee is not currently attainable but would be attainable if there was an improvement in overall production technology?

Quizplus · Accepted Answer

According to Table 2-5, the current production possibility curve shows that the maximum attainable point is 600 dozen cookies and 800 pounds of coffee or 700 dozen cookies and 500 pounds of coffee. Any point beyond this curve is not currently attainable with the existing production technology. Therefore, option C (500 dozen cookies and 850 pounds of coffee) is not currently attainable but would be attainable with an improvement in overall production technology.

Table 2-5 -Refer to Table 2-5.Table 2-5 Shows One Set of Production