Given Below Is the Production Possibilities Schedule for Capital Goods

question 72

Multiple Choice

Given below is the production possibilities schedule for capital goods and consumer goods.
Table 2.3
$\begin{array}{c}\text { Production Possibilities Schedule }\\\begin{array}{|c|c|c|}\hline \text { Combination } & \text { Capital Goods } & \text { Consumer Goods } \\\hline \text { A } & 4 & 0 \\\text { B } & 3 & 4 \\\text { C } & 2 & 7 \\\text { D } & 1 & 9 \\\text { E } & 0 & 10 \\\hline\end{array}\end{array}$
-Consider Table 2.3. The production possibilities curve [PPC] representing this schedule would be:

• A) bowed in.
• B) bowed out.
• C) a negatively sloped straight line.
• D) a positively sloped straight line.
• E) bowed in if consumer goods are plotted on the horizontal axis and bowed out if capital goods are plotted on the horizontal axis.

---

Definitions:

Informal Communication

The exchange of information through non-official channels within an organization, often based on personal relationships and social networks.

Informal Communication

The exchange of information and messages that occurs outside the formal communication structures within an organization, such as casual conversations.

Non-Routine Situations

Scenarios or tasks that lack a standard procedure or solution, requiring creativity and adaptability to resolve.

Formal Hierarchy

The explicit, officially designated structure of authority, roles, and communication in an organization, specifying how tasks are divided and coordinated.