Use the following to answer questions:
Figure: Consumer and Capital Goods
-(Figure: Consumer and Capital Goods) Look at the figure Consumer and Capital Goods. Point Z:
A)is unattainable, all other things unchanged.
B)is attainable if the economy is able to reach full employment.
C)is attainable if the quantity and/or quality of factors decreases.
D)will be attained as soon as the economy becomes efficient and moves to curve 2.

Question

Use the following to answer questions:
Figure: Consumer and Capital Goods 
-(Figure: Consumer and Capital Goods) Look at the figure Consumer and Capital Goods. Point Z:
A)is unattainable, all other things unchanged. 
B)is attainable if the economy is able to reach full employment. 
C)is attainable if the quantity and/or quality of factors decreases. 
D)will be attained as soon as the economy becomes efficient and moves to curve 2.

Quizplus · Accepted Answer

Point Z represents a level of production that is currently unattainable with the given resources and technology, even if the economy operates at full employment and uses all of its factors of production efficiently.

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