Figure 2-14
-Refer to Figure 2-14.It is possible for this economy to produce 45 doghouses and 30 dishwashers.

Question

Figure 2-14 
-Refer to Figure 2-14.It is possible for this economy to produce 45 doghouses and 30 dishwashers.

Quizplus · Accepted Answer

According to the production possibilities curve in Figure 2-14, the maximum output possible for this economy is 30 doghouses and 60 dishwashers or 45 dishwashers and 40 doghouses. Therefore, it is not possible for this economy to produce 45 doghouses and 30 dishwashers simultaneously.

Figure 2-14 -Refer to Figure 2-14.It Is Possible for This Economy to This