Use the following to answer questions:
-(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. The production of 14 units of consumer goods and 1 unit of capital goods per period would result in:
A)full employment.
B)no unused resources.
C)some unused or inefficiently used resources.
D)an increase in economic growth.

Question

Use the following to answer questions: 
-(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. The production of 14 units of consumer goods and 1 unit of capital goods per period would result in:
A)full employment. 
B)no unused resources. 
C)some unused or inefficiently used resources. 
D)an increase in economic growth.

Quizplus · Accepted Answer

The table shows that producing 14 units of consumer goods and 1 unit of capital goods is not currently attainable with the given resources and technology. Therefore, this production point would result in some unused or inefficiently used resources.

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