Examlex

Solved

Use the Following to Answer Questions

question 33

Multiple Choice

Use the following to answer questions : Use the following to answer questions :   -(Table: Production of Good Z and Good X in Urbanville)  Look at the table Production of Good Z and Good X in Urbanville. If this table shows the production possibility frontier and if Urbanville is producing 5 of Z and 50 of X, this combination is: A) feasible but inefficient. B) feasible and efficient. C) not feasible but efficient. D) neither feasible nor efficient.
-(Table: Production of Good Z and Good X in Urbanville) Look at the table Production of Good Z and Good X in Urbanville. If this table shows the production possibility frontier and if Urbanville is producing 5 of Z and 50 of X, this combination is:


Definitions:

Related Questions