Production Possibilities -In the Above Table, the Production of 3 Pizzas and |

question 428

Multiple Choice

Production possibilities
$$\begin{array} { | l | l | l | } \hline \text { Possibility } & \begin{array} { l } \text { Pizza (per } \\\text { hour) }\end{array} & \begin{array} { l } \text { Soda } \\\text { (cases per } \\\text { hour) }\end{array} \\\hline \text { A } & 0 & 100 \\\hline \text { B } & 1 & 95 \\\hline \text { C } & 2 & 80 \\\hline \text { D } & 3 & 60 \\\hline \text { E } & 4 & 35 \\\hline \text { F } & 5 & 0 \\\hline\end{array}$$
-In the above table, the production of 3 pizzas and 35 cases of soda is

• A) possible only if there is inflation.
• B) feasible but would involve unemployed or misallocated resources.
• C) impossible unless more resources become available.
• D) possible only if the economy produces with maximum efficiency.

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Definitions:

Mediating

The act of intervening between conflicting parties to promote reconciliation, settlement, or understanding.

Modeling

The process of emulating or imitating behaviors, attitudes, or techniques demonstrated by others as a way of learning or teaching.

Demonstrating Behaviors

The act of showing or exemplifying specific actions or behaviors in order to teach, persuade, or model them to others.

Particular Situation

A specific set of circumstances or context in which events occur or decisions are made.