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The Figure Above Shows a Production Possibilities Frontier

Question 1

Multiple Choice

The figure above shows a production possibilities frontier. In the figure, which of the following combinations of the two goods are efficient? A) 4 million cell phones and 4 million DVDs B) 2 million cell phones and 13 million DVDs C) 5 million cell phones and 15 million DVDs D) No cell phones and 15 million DVDs E) None of these combinations is efficient.

The figure above shows a production possibilities frontier. In the figure, which of the following combinations of the two goods are efficient?


A) 4 million cell phones and 4 million DVDs
B) 2 million cell phones and 13 million DVDs
C) 5 million cell phones and 15 million DVDs
D) No cell phones and 15 million DVDs
E) None of these combinations is efficient.

Correct Answer:

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