Multiple Choice
A small Caribbean island-country produces only pineapples and rum.If resources are used efficiently in the economy,
A) it will not be possible to produce more rum without decreasing the production of pineapples.
B) it will be possible to produce more pineapples without decreasing the production of rum.
C) it will be producing on its production possibilities curve.
D) it will not be possible to produce more rum without decreasing the production of pineapples AND it will be producing on its production possibilities curve.
E) it will be possible to produce more pineapples without decreasing the production of rum AND it will be producing on its production possibilities curvE.
Correct Answer:
Verified
Correct Answer:
Verified
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