Multiple Choice
-In the production possibilities frontier depicted in the figure above, which of the following combinations of hats and bananas is inefficient?
A) 4 million pounds of bananas and 4 million hats
B) 2 million pounds of bananas and 5 million hats
C) 0 pounds of bananas and 6 million hats
D) 1 million pounds of bananas and 3 million hats
Correct Answer:

Verified
Correct Answer:
Verified
Q196: In one day, Brandon can either plow
Q197: While producing on the production possibilities frontier,
Q198: Betty and Ann live on a desert
Q199: Opportunity cost is represented on the production
Q200: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q202: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q203: Which of the following is TRUE regarding
Q204: A point inside a production possibilities frontier<br>A)
Q205: What factors generate economic growth?
Q206: The fact that individual productive resources are