Below is a production possibilities curve for a large tract of prairie farm land.

-Refer to the graph above to answer this question. Which of the following statements would be correct if the land was producing 200 units of rye and 100 units of wheat?
A) Some of the land might be idle.
B) The most appropriate technology may not be in use.
C) There may inefficiencies in production.
D) Some of the land might be idle, the most appropriate technology may not be in use, and there may inefficiencies in production.

Question

Below is a production possibilities curve for a large tract of prairie farm land.
 
-Refer to the graph above to answer this question. Which of the following statements would be correct if the land was producing 200 units of rye and 100 units of wheat?
A) Some of the land might be idle. 
B) The most appropriate technology may not be in use. 
C) There may inefficiencies in production. 
D) Some of the land might be idle, the most appropriate technology may not be in use, and there may inefficiencies in production.

Quizplus · Accepted Answer

The production of 200 units of rye and 100 units of wheat suggests that the land is not being used to its full potential, indicating possible idle land, inappropriate technology, and production inefficiencies.

Below Is a Production Possibilities Curve for a Large Tract