Use the Following to Answer Question(s): Production Possibilities Curve

question 113

Multiple Choice

Use the following to answer question(s) : Production Possibilities Curve

-(Exhibit: Production Possibilities Curve) Which of the following statements is false?

• A) The maximum amount of drill presses this economy can produce per year is 12,000.
• B) The maximum amount of tractors this economy can produce per year is 11,000.
• C) Point E could be achieved it the economy had more money.
• D) If this economy produces 5,000 tractors per year, then it can produce up to a maximum of 10,000 drill presses per year.

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