Exhibit 2-4 Production Possibilities Curve Data According to the Data in Exhibit 2-4, a Total Output

question 68

Multiple Choice

Exhibit 2-4 Production possibilities curve data $$\begin{array} { | l | r | r | r | c | c | } \hline & { \text { A } } &{ \text { B } } & \text { C } & \text { D } & \text { E } \\\hline \text { Capital goods } & 0 & 10 & 20 & 30 & 40 \\\text { Consumer goods } & 200 & 180 & 140 & 80 & 0 \\\hline\end{array}$$ According to the data in Exhibit 2-4, a total output of 140 units of consumer goods and 10 units of capital goods would:

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

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