Whenever the Economy Is Producing the Maximum Amount of Goods

question 189

Multiple Choice

Whenever the economy is producing the maximum amount of goods given the level of technology and the amount of resources

• A) the number of resources used should be decreased since society must protect its scarce resources.
• B) the concept of opportunity costs does not exist.
• C) more goods will be available than customers want to buy.
• D) the economy is producing efficiently.

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Definitions:

Metabolic Rate

The rate at which the body uses energy to maintain basic physiological functions while at rest.

Obsessed With Food

A state where an individual's thoughts and actions are excessively focused on food, its consumption, and its effects.

Human Behaviors

Patterns of actions or reactions of humans, generally in response to stimuli from the environment or from internal thoughts.

Rigidly Patterned

Describes behavior or processes that are strictly regular and unvarying, often adhering to a fixed or inflexible structure or sequence.