Table 1.1. U.S. Production Possibilities Curve Data
$$\begin{array} { l r r r r r r }
& \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \
\text { Capital goods } & 5 & 4 & 3 & 2 & 1 & 0 \
\text { Consumer goods } & 0 & 12 & 22 & 30 & 36 & 40
\end{array}$$
-Refer to Table 1.1. Points A, B, C, D, E and F are
A) unattainable
B) positive
C) efficient
D) normative

Question

Table 1.1. U.S. Production Possibilities Curve Data
 $$\begin{array} { l r r r r r r } 
& \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \
\text { Capital goods } & 5 & 4 & 3 & 2 & 1 & 0 \
\text { Consumer goods } & 0 & 12 & 22 & 30 & 36 & 40
\end{array}$$
-Refer to Table 1.1. Points A, B, C, D, E and F are
A) unattainable
B) positive
C) efficient
D) normative

Quizplus · Accepted Answer

Points A, B, C, D, E, and F represent combinations of capital and consumer goods that the economy can produce, assuming full and efficient use of resources, which makes them efficient points on the production possibilities curve.

Table 11 U -Refer to Table 1