Use the Figure Below to Answer the Following Questions

question 68

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. Suppose that 50 units of Y are currently being produced. Then

• A)7 units of X are being produced.
• B)6 units of X can be produced if all resources are used and assigned to the task for which they are the best match.
• C)9 units of X can be produced if all resources are used and assigned to the task for which they are the best match.
• D)resources are not being fully utilized.
• E)6 units of X are being produced.

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Definitions:

Multinational

A company that operates in several countries, managing production or delivering services in more than one country.

Autonomous

The ability to operate independently or self-govern, often referring to systems, machines, or organizations that do not require external control or intervention.

Internet

A global network of computers that enables users to access information and communicate with others across the world, facilitating a wide range of services and applications.

Tax Incentives

Financial reductions or exemptions offered by governments to encourage specific economic activities.