A nation can produce two products: tanks and autos. The table below is the nation's production possibilities schedule. According to the production possibilities schedule, a combination of 4 tanks and 650 autos is
A) attainable and involves an efficient use of society's resources.
B) attainable but would not be in the best interests of a strong national defense.
C) less than (or below) the maximum attainable output combination.
D) not attainable because the nation does not have sufficient resources.
Correct Answer:
Verified
Q281: A nation can produce two products: tanks
Q282: If a nation produces more consumer goods
Q283: Which of the following is one of
Q284: In a graph of the production possibilities
Q285: One basic difference between "labor" and "entrepreneur"
Q287: A nation can produce two products: steel
Q288: A nation can produce two products: steel
Q289: A nation can produce two products: steel
Q290: On a production possibilities curve, the single
Q291: The production possibilities curve is a graph
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents