Multiple Choice
Production possibilities tables for two countries, North Cantina and South Cantina:
North Cantina Production possibilities (alternatives)
South Cantina Production possibilities (alternatives)
-Refer to the table below. According to the production possibilities schedule for the economy which produces two products, a combination of four tanks and 650 autos is: Production Possibilities
A) attainable, but involves an efficient use of society's resources.
B) attainable, but would not be in the best interests of a strong national defence.
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.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Refer to the diagram below. The concave
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Q109: The concept of opportunity cost<br>A) is irrelevant
Q172: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -In the above
Q175: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -In the above
Q193: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -Refer to the
Q218: Consumers spend their incomes to get the