A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule: Refer to the above table. 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:  Refer to the above table. 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:  Refer to the above table. 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