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Figure 9.1: -Using Figure 9.1,assume Point D Represents the Optimal Mix of Optimal

Question 117

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Figure 9.1: Figure 9.1:   -Using Figure 9.1,assume point D represents the optimal mix of output.The market mechanism is likely to produce the mix of output represented by point: A)  C because the market mechanism tends to under produces public goods. B)  E because the market mechanism tends to under produces private goods. C)  D because the market mechanism is efficient. D)  A because full employment can never be reached.
-Using Figure 9.1,assume point D represents the optimal mix of output.The market mechanism is likely to produce the mix of output represented by point:


A) C because the market mechanism tends to under produces public goods.
B) E because the market mechanism tends to under produces private goods.
C) D because the market mechanism is efficient.
D) A because full employment can never be reached.

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