Figure 2-5
-Refer to Figure 2-5.This economy cannot currently produce 70 washers and 70 dryers because
A)it is not using all of its resources.
B)it is not using the most efficient production process.
C)it does not have the resources and technology to produce that level of output.
D)All of the above are correct.

Question

Figure 2-5 
-Refer to Figure 2-5.This economy cannot currently produce 70 washers and 70 dryers because
A)it is not using all of its resources. 
B)it is not using the most efficient production process. 
C)it does not have the resources and technology to produce that level of output. 
D)All of the above are correct.

Quizplus · Accepted Answer

The economy cannot currently produce 70 washers and 70 dryers because it does not have the resources and technology to produce that level of output. This is beyond the limits of its current capacity. Choices A and B are incorrect because the economy may be using all of its available resources and the most efficient production process, but still may not be able to produce beyond its capacity.

Figure 2-5 -Refer to Figure 2-5.This Economy Cannot Currently Produce 70 Washers