-Using Figure 1.7 we know the production of 10 units of soda and 1 unit of pizza is

Question

Quizplus · Accepted Answer

Given that the question references a specific figure (Figure 1.7) which is not provided, the answer is based on common economic principles. The production of 10 units of soda and 1 unit of pizza being possible but only if all resources were fully employed suggests that this point is on the production possibility frontier (PPF), indicating an efficient use of resources where no more of one good can be produced without producing less of another.