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Roundabout Methods of Production Are Said to Be Productive

Question 37

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Roundabout methods of production are said to be productive. What does this mean?


A) Goods are best produced by many people working together-as in a circle.
B) If you go round and round thinking about something, you will usually come up with the right way to do it-so you minimize on mistakes.
C) If you take the most direct route to producing a good, you will save time, and time is something that producers want to save since "time is money."
D) If you take time out to produce a capital good, with that capital good you can produce more than you could produce without it.

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