Which of the Following Best Describes the Concept of Potential

question 149

Multiple Choice

Which of the following best describes the concept of potential output?

• A)The total output that can be produced when all factors of production (land,labour,and capital)are fully employed.
• B)The total output that can be produced when the economy is in short-run economic equilibrium.
• C)The total output that can be produced when all productive resources (land,labour,and capital)are used at their maximum capacity.
• D)The total output that could be produced in the future when technological advances allow for a higher level of output.
• E)The total output that could be produced if no productive resource (land,labour,and capital)was ever left idle.

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Definitions:

Vesicles

Vesicles are small, fluid-filled sacs or bladders within or on the surface of cells, involved in transport, storage, or digestion activities.

ER

Endoplasmic reticulum, a network of membranous tubules within the cytoplasm of eukaryotic cells, involved in protein and lipid synthesis.

Chromatin

Chromatin is the complex of DNA and proteins that forms chromosomes within the nucleus of eukaryotic cells.

Cristae

Cristae are the folds of the inner mitochondrial membrane, increasing the surface area for ATP production within a cell.