Multiple Choice
-
The figure above shows the production possibilities frontier for a country. A combination of 2 Million gallons of milk and 2 million gallons of ice cream is
A) unattainable.
B) attainable but more than production efficient.
C) attainable and production inefficient.
D) attainable and production efficient.
E) More information is needed to determine if the point is attainable or not.
Correct Answer:

Verified
Correct Answer:
Verified
Q55: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - The above
Q79: <span class="ql-formula" data-value="\begin{array} { c c c
Q80: Moving between two points on a PPF,
Q81: Once you find the opportunity cost of
Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" Deb and Pete
Q84: <span class="ql-formula" data-value="\begin{array} { l | c
Q85: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - The figure
Q86: Points on the PPF are all<br>A)inefficient.<br>B)production efficient.<br>C)free
Q87: Consider a production possibility frontier with jeans
Q88: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" The figure