Use the Figure Below to Answer the Following Questions

question 57

Multiple Choice

Use the figure below to answer the following questions.
Figure 2.1.2
-Refer to the production possibilities frontier in Figure 2.1.2.If 6 units of X are produced, then

• A)50 units of Y must be produced, regardless of resource utilization.
• B)50 units of Y can be produced if all resources are used and assigned to the task for which they are the best match.
• C)60 units of Y can be produced with some resources not fully used.
• D)40 units of Y cannot be produced unless production of X is increased.
• E)40 units of Y cannot be produced unless production of X is decreased.

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Definitions:

Tampa Bay Rays

A professional baseball team based in St. Petersburg, Florida, competing in Major League Baseball's American League East division.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much more efficiently than with individual craftsmanship.

Average Product

The output per unit of input, typically calculated by dividing total product by the quantity of input used in its production.

Marginal Product

The additional output gained by employing one more unit of input, such as labor or capital.