Figure 2-1 -Refer to Figure 2-1.Point C Is

question 218

Multiple Choice

Figure 2-1

-Refer to Figure 2-1.Point C is

• A)technically efficient.
• B)unattainable with current resources.
• C) inefficient in that not all resources are being used.
• D)is the equilibrium output combination.

---

Definitions:

Automobiles

Motor vehicles with four wheels designed primarily for passenger transportation on public roads.

Caveat Emptor

Latin: “Let the buyer beware.”

Consumer Protection Legislation

Laws and regulations designed to safeguard the rights and interests of consumers against unfair practices by businesses.

Modern Changes

Contemporary alterations or developments in any field, particularly those that represent a significant shift from traditional methods or beliefs.