Multiple Choice
Use the table below to answer the following questions.
Table 2.1.1
The following table gives points on the production possibilities frontier for goods X and Y.
-Refer to Table 2.1.1. What does point C mean?
A) If 8 units of X are produced, then at least 28 units of Y can be produced.
B) If 8 units of X are produced, then at most 28 units of Y can be produced.
C) If 28 units of Y are produced, then more than 8 units of X can be produced.
D) If 8 units of X are produced, then only 36 units of Y can be produced.
E) There is unemployment at this point.
Correct Answer:

Verified
Correct Answer:
Verified
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