Use the figure below to answer the following questions. Figure 2.1.2
-Refer to the production possibilities frontier in Figure 2.1.2.Suppose that 50 units of Y are produced.Then
A)7 units of X are being produced.
B)6 units of X can be produced if all resources are used and assigned to the task for which they are the best match.
C)9 units of X can be produced if all resources are used and assigned to the task for which they are the best match.
D)resources are not being fully utilized.
E)6 units of X are being produced.

Question

Use the figure below to answer the following questions.  Figure 2.1.2
-Refer to the production possibilities frontier in Figure 2.1.2.Suppose that 50 units of Y are produced.Then
A)7 units of X are being produced. 
B)6 units of X can be produced if all resources are used and assigned to the task for which they are the best match. 
C)9 units of X can be produced if all resources are used and assigned to the task for which they are the best match. 
D)resources are not being fully utilized. 
E)6 units of X are being produced.

Quizplus · Accepted Answer

Point A on the production possibilities frontier shows that 50 units of Y can be produced along with 6 units of X if all resources are used and assigned to the task for which they are the best match. This is the most efficient point on the frontier and represents the best choice.

Use the Figure Below to Answer the Following Questions