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The Following Economy Produces Two Products

Question 18

Multiple Choice

The following economy produces two products.
The following economy produces two products. -Refer to the above table. According to the production possibilities schedule, a combination of four tanks and 650 autos is: A) attainable and involves an efficient use of society's resources. B) attainable, but would not be in the best interests of a strong national defense. C) not attainable because it is not listed in the schedule. D) not attainable because society does not have sufficient resources to produce this combination.
-Refer to the above table. According to the production possibilities schedule, a combination of four tanks and 650 autos is:


A) attainable and involves an efficient use of society's resources.
B) attainable, but would not be in the best interests of a strong national defense.
C) not attainable because it is not listed in the schedule.
D) not attainable because society does not have sufficient resources to produce this combination.

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