A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule. A change from combination C to B means that
A) 1 unit of steel is given up to get 75 units of wheat.
B) 2 units of steel are given up to get 75 units of wheat.
C) 1 unit of steel is given up to get 15 more units of wheat.
D) 2 units of steel are given up to get 15 more units of wheat.

Question

A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule.  A change from combination C to B means that
A) 1 unit of steel is given up to get 75 units of wheat. 
B) 2 units of steel are given up to get 75 units of wheat. 
C) 1 unit of steel is given up to get 15 more units of wheat. 
D) 2 units of steel are given up to get 15 more units of wheat.

Quizplus · Accepted Answer

The Answer of A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule.  A change from combination C to B means that
A) 1 unit of steel is given up to get 75 units of wheat. 
B) 2 units of steel are given up to get 75 units of wheat. 
C) 1 unit of steel is given up to get 15 more units of wheat. 
D) 2 units of steel are given up to get 15 more units of wheat.

A Nation Can Produce Two Products: Steel and Wheat