The graph below is Mendork's production possibility curve for the only two goods that it produces-quirks and quarks.

-Refer to the graph above to answer this question.If this society chooses to produce 10 quirks,what is the maximum quantity of quarks it can produce?
A)500 quarks.
B)800 quarks.
C)No quarks.
D)600 quarks.

Question

The graph below is Mendork's production possibility curve for the only two goods that it produces-quirks and quarks.
 
-Refer to the graph above to answer this question.If this society chooses to produce 10 quirks,what is the maximum quantity of quarks it can produce?
A)500 quarks. 
B)800 quarks. 
C)No quarks. 
D)600 quarks.

Quizplus · Accepted Answer

According to the production possibility curve, if Mendork produces 10 quirks, it can produce up to the point where the curve intersects the quarks axis. This point is at 600 quarks, so Mendork can produce a maximum of 600 quarks if it chooses to produce 10 quirks. Therefore, the best choice for this society is to produce 10 quirks and 600 quarks.

The Graph Below Is Mendork's Production Possibility Curve for the Only