Use the following to answer question:

-(Table: Production Possibilities Schedule II)Use Table: Production Possibilities Schedule II.The production of 8 units of consumer goods and 2 units of capital goods per period would result in:
A)full employment.
B)no unused resources.
C)some unused or inefficiently used resources.
D)increased economic growth.

Question

Use the following to answer question:

-(Table: Production Possibilities Schedule II)Use Table: Production Possibilities Schedule II.The production of 8 units of consumer goods and 2 units of capital goods per period would result in:
A)full employment. 
B)no unused resources. 
C)some unused or inefficiently used resources. 
D)increased economic growth.

Quizplus · Accepted Answer

The table shows that producing 8 units of consumer goods and 2 units of capital goods is not at the maximum production possibility frontier, meaning there are some unused or inefficiently used resources. Therefore, choice C is the best answer.

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