If Sam Is Producing at a Point on His Production

question 154

Multiple Choice

If Sam is producing at a point on his production possibilities frontier, then he

• A) cannot produce any more of either good.
• B) can produce more of one good only by producing less of the other.
• C) will be unable to gain from trade.
• D) is not subject to scarcity.

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Definitions:

Program Scan

The process by which a programmable logic controller (PLC) systematically checks its input and executes the program logic in a cyclical manner.

Fenced Zone

An area within an industrial or manufacturing space that is physically enclosed or demarcated to enhance safety or security.