-The Above Figure Shows a Nation's Production Function

question 68

Multiple Choice

-The above figure shows a nation's production function.Point B is ________ and ________ because ________.

• A)unattainable;inefficient;the nation is using resources inefficiently
• B)unattainable;efficient;the nation would be using resources efficiently if it could attain this level of production
• C)unattainable;inefficient;the nation is using resources efficiently but it could be more efficient
• D)attainable;efficient;the nation is using resources efficiently
• E)attainable;inefficient;the nation is using resources inefficiently

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Definitions:

Objective Test

A form of assessment with questions that have a single correct answer, minimizing subjectivity in grading.

Double-blind Test

An experimental procedure in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias in research results.

Single-blind Test

An experimental setup where the participants do not know which group (control or experimental) they belong to, but the researchers do.

Observational Study

A study in which a researcher carefully and systematically observes and records behavior without interfering with the behavior; it may involve either naturalistic or laboratory observation.