Exhibit 2-8 Production Possibilities Curve Data -As Shown in Exhibit 2-8, a Total Output of 14

question 101

Multiple Choice

Exhibit 2-8 Production possibilities curve data $$\begin{array} { | l | r | r | r | r | r | r | } \hline & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \\\hline \text { Capital goods } & 15 & 14 & 12 & 9 & 5 & 0 \\\text { Consume goods } & 0 & 2 & 4 & 6 & 8 & 10 \\\hline\end{array}$$
-As shown in Exhibit 2-8, a total output of 14 units of consumer goods and 1 unit of capital goods is:

• A) the result of maximum use of the economy's labor force.
• B) an efficient way of using the economy's scarce resources.
• C) unobtainable in this economy.
• D) less than the maximum rate of output for this economy.

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