Use the following to answer questions :
-(Table: Production of Good Z and Good X in Urbanville) Look at the table Production of Good Z and Good X in Urbanville. If this table shows the production possibility frontier and if Urbanville is producing 5 of Z and 50 of X, this combination is:
A)feasible but inefficient.
B)feasible and efficient.
C)not feasible but efficient.
D)neither feasible nor efficient.

Question

Use the following to answer questions : 
-(Table: Production of Good Z and Good X in Urbanville) Look at the table Production of Good Z and Good X in Urbanville. If this table shows the production possibility frontier and if Urbanville is producing 5 of Z and 50 of X, this combination is:
A)feasible but inefficient. 
B)feasible and efficient. 
C)not feasible but efficient. 
D)neither feasible nor efficient.

Quizplus · Accepted Answer

The combination of 5 Z and 50 X is feasible because it falls within the production possibility frontier, but it is inefficient because Urbanville could produce more of one good without sacrificing the production of the other.

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