Figure 2-3 Tonnes

Multiple Choice

Figure 2-3
Tonnes
of
Soybeans
-Given the PPC in Figure 2-3,if farmers are producing 7,000 tonnes of soybeans at point b,they

A) must be using more land than was used in constructing the production possibilities curve.
B) are productively inefficient and resource use therefore is allocatively inefficient.
C) are productively inefficient but overall resource use is allocatively efficient.
D) are using land to produce a crop other than soybeans or corn.