Multiple Choice
-The table above lists six points on the production possibilities frontier for grain and cars. From this information you can conclude that production is inefficient if this economy produces
A) 6 tons of grain and 18 cars.
B) 4 tons of grain and 26 cars.
C) 2 tons of grain and 27 cars.
D) 8 tons of grain and 10 cars.
Correct Answer:

Verified
Correct Answer:
Verified
Q228: The rights of an owner to use
Q229: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q230: The principle of decreasing marginal benefit means
Q231: Which of the following does NOT help
Q232: Consider a PPF for tapes and soda.
Q234: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Jane produces only
Q235: Missouri can produce 10,000 tons of pecans
Q236: Considering a PPF with health care services
Q237: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q238: In order to achieve the maximum gains