Multiple Choice
Figure: United States Production Possibility Frontier 
Suppose the figure illustrates the United States PPF for the production of corn and TVs. Which of the following statements is TRUE?
A) The United States should specialize in the production of corn, since they can produce more corn than TVs.
B) For each TV that the United States produces, it gives up 25 units of corn.
C) The United States should produce 50 TVs and 1,250 units of corn to maximize value to society.
D) The United States has the comparative advantage in the production of TVs.
Correct Answer:
Verified
Correct Answer:
Verified
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