-In the Figure Above, the Point Labeled C in the Production

question 167

Multiple Choice

-In the figure above, the point labeled C in the production possibilities frontier

• A) represents either unemployed or inefficiently utilized resources.
• B) represents a highly desirable output level in the long run, because it conserves scarce resources.
• C) represents the maximum sustainable output level for this nation in the long run.
• D) is unattainable; it is beyond the productive capability of this country.

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Definitions:

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