Exhibit 3-8 Production possibilities curve A Food Clothing

Exhibit 3-8<br>Production possibilities curve<br>A<br>Food<br>Clothing<br>

Extracted text: Exhibit 3-8 Production possibilities curve A Food Clothing

85. Refer to Exhibit 3-8. At Point B in the production possibilities graph shown, the economy:<br>a. is not using its resources efficiently.<br>b. is using its resources efficiently while producing clothing but not food.<br>c. is using its resources efficiently while producing food but not clothing.<br>d. is using its resources efficiently to produce both food and clothing.<br>

Extracted text: 85. Refer to Exhibit 3-8. At Point B in the production possibilities graph shown, the economy: a. is not using its resources efficiently. b. is using its resources efficiently while producing clothing but not food. c. is using its resources efficiently while producing food but not clothing. d. is using its resources efficiently to produce both food and clothing.

Jun 10, 2022

SOLUTION.PDF

Exhibit 3-8 Production possibilities curve A Food Clothing

Get Answer To This Question

Related Questions & Answers

Submit New Assignment