Solved

Production Possibilities -In the Above Table, the Production of 3 Pizzas and |

Question 356

Multiple Choice

Production possibilities
 Possibility  Pizza (per  hour)   Soda  (cases per  hour)   A 0100 B 195 C 280 D 360 E 435 F 50\begin{array} { | l | l | l | } \hline \text { Possibility } & \begin{array} { l } \text { Pizza (per } \\\text { hour) }\end{array} & \begin{array} { l } \text { Soda } \\\text { (cases per } \\\text { hour) }\end{array} \\\hline \text { A } & 0 & 100 \\\hline \text { B } & 1 & 95 \\\hline \text { C } & 2 & 80 \\\hline \text { D } & 3 & 60 \\\hline \text { E } & 4 & 35 \\\hline \text { F } & 5 & 0 \\\hline\end{array}
-In the above table, the production of 3 pizzas and 80 cases of soda is


A) possible only if the economy produces with maximum efficiency.
B) feasible but would involve unemployed or misallocated resources.
C) impossible unless more resources become available or technology improves.
D) possible only if there is inflation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions