Solved

Using Figure 1

Question 32

Multiple Choice

  Using Figure 1.5, if an economy has the capacity to produce represented by PP2, then point E represents A)  A constant trade-off between potato chips and doughnuts. B)  A combination of potato chips and doughnuts that is not attainable. C)  An efficient use of resources. D)  None of the choices are correct. Using Figure 1.5, if an economy has the capacity to produce represented by PP2, then point E represents


A) A constant trade-off between potato chips and doughnuts.
B) A combination of potato chips and doughnuts that is not attainable.
C) An efficient use of resources.
D) None of the choices are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions